Office condominium investments are good investments in both good and bad economic times and in hot and cold real estate markets. Here’s why: office condos are typically leased to a single tenant for five to 10 years at pre-set rental rates. As an owner, you know exactly who will be the tenant, how long that tenant will be there and exactly how much rent it will pay you. That means you will derive a steady income from your investment regardless of how the economy or the real estate market is performing.
As with other forms of real estate investment, over time office condo investments provide increasing rents and appreciating property values. Additionally and very importantly, office condos are typically almost management free.