Should You Buy or Lease?
Unlike our competition Robian Inc. is pleased to
offer our product for sale or lease. We feel that small businesses
owners should have an opportunity to build up their net worth
through ownership. Today’s market of rising real estate costs is
making it more and more financially difficult for small businesses
to take ownership in a building. We feel that condominium office
space is the answer. The Towne Pointe Professional Building will
give you ownership in the “hottest” area of Bettendorf. Now you
have an opportunity to make money while you run your business
instead of just paying rent. This prime location is in the heart
of Bettendorf’s expanding market. The rate of appreciation of this
building will more than likely surpass most other areas in the
Quad Cities.
Robian Inc. will consider lease with option to purchase for
qualified businesses.
Example of Mortgage payment for purchase of 1500sf unit*:
Cost of unit ($120 per sq/ft): $180,000
Cost of Build out ($25 per sq/ft): $37,500
Total Building ($150 per sq/ft): $225,000
Less down payment (20%): ($45,000)
Total amount financed: $180,000
Monthly mortgage payments: $1,505.59 (8% for 20 years)
Taxes/month $375
CAM's/month $50
Total monthly payment $1930.59
Monthly Payment on same unit with lease option
(including CAM's and Taxes) - $2,312.50
• Numbers are for estimation purposes only.
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