There are several other factors involved than just the appreciation in property value. For example, is the property being offered at a good price (at or below market value), will the payments be close to or even less than the rent, do you use all the space yourself or will you be sub-leasing a part of it, what is the general state of the commercial buildings near you - are there a lot of vacancies, are they in good shape, ... so you can see what I mean. Having said all of these, if my mortgage payment is close to what i pay in rent (the interest on the mortgage is also a business expense), i would always own rather than rent.

If you can get the mortgage payment in a range that is affordable is will always be a benefit to purchase vs. renting given future appreciation, add'l tax benefits, etc.Bryan WilsonPresidentMagellan Capital Group & Assoc.949-533-9333

If you can buy for around $300k I think the numbers will work in your favor. .... Happy funding, Rudi