In analyzing the financial aspects of this offering memorandum, it is important to note that the asking price of $9,350,000 (+$205 per square foot) represents a highly favorable opportunity for prospective investors. The current market conditions, coupled with careful strategic planning, have resulted in a valuation that is significantly below replacement costs. This underscores the potential for excellent return on investment as it presents a unique chance to acquire a property well below what it would cost to replicate its prime location, quality, and features if constructed today. By securing this asset at such a competitive rate, investors stand to benefit from both immediate value appreciation and a highly advantageous pricing position in the market.