Commercial office condos are a good idea for businesses that want to own their own space without all of the headaches that go along with ownership. With an office condominium, small business owners can purchase a space, build equity, and then sell the space if and when they choose.

Office condos are not a new concept, but they are becoming increasingly popular, and Commercial Asset Partners Realty has seen success for business owners who’ve bought office condos. As one example, the 65,000-square- foot Devonwood Office Park in Land O’ Lakes has had no foreclosures, with no distressed situations negatively impacting the property.

Devonwood has professionally landscaped grounds and a quality SR 54 location. One building is fully leased and owned by the developer, while the other Class A office buildings are owner-occupied. By sharing costs, the owners have a high level of amenities without having to handle the costs by themselves.

See our listings for available space in Devonwood Office Park, and for more information on commercial condos, click here to read Commercial Office Condos on the Rise, by Paula Clair Smith, CCIM, who is Broker/Associate at CAP.