Building Details:
• Year Built: 1959
Protected income for several years into the future by virtue of shorter term depreciation schedules. Recent improvements allows shorter term (5-Year) depreciation schedules on millions of dollars of equipment. This investment allows an up-front, tax free income many years, maximizing the actual post-tax savings cap rate. A savvy investor who is realizing passive income from other investments NEEDS this property in order the KEEP THEIR OWN MONEY. There is NOTHING else like this out there that offers real dollar savings for your investors. This is a complex tax sheltered investment that will require a Segmented Depreciation Analysis that can be applied to your investors specific tax needs. Current lease has 3% annual escalators. 15yr term with 14 years left. (2)5-Year options. Located directly off of US 41 at the epicenter of medical office buildings near the areas largest hospital – Sarasota Memorial. Ten Year Cash Flow included. Post-Tax depreciation income may vary depending upon buyer needs/analysis.
Request Property Information
Please describe your commercial real estate requirements. We'll create a list of matching properties that meet your criteria.
- Ed Killmer, agent and Rofo Pro
