Bainbridge Island Commercial Real Estate Update

presented by,

Kelly MuldrowBainbridgeSpaces.com

Bainbridge Island Vacancy Rates

Bainbridge Island Space for Lease

As of January 21, 2010

Bainbridge Island Commercial Sales

Moody’s Commercial Index

UP!

Unemployment

The Opportunity to Buy

The Opportunity to Buy

Sold January 4, 2011

•Owner/User•SBA Financing•Community Bank

•$124 psqft•10% Down•25 year term

•Payments will never go up.•Will be his own landlord.•Future Sales proceeds.

Even if the value of this property never goes up, buying was a better economic choice than renting.

The “Other” Opportunity

Cheap Rent.

Thank You.

Kelly MuldrowBainbridgeSpaces.com