Owner Occupied transactions involve a small or mid-sized business that will occupy the majority (≥ 51%) of the commercial property for their business use.
Owner Occupied - Multi - Use - Owner occupies > 51% for their business use. A multi-use property is a commercial building that may easily be used by a wide variety of tenants.
Owner Occupied - Special Use - Owner occupies ≥ 51% for their business use. Special-use is commonly associated with properties that are either designed for a particular type of tenant, or are modified for use by a particular type of tenant. They are not suitable for multi-use (use by a wide variety of tenants, such as an office, retail or industrial building).
- Light Industrial
- Car Washes