The 510 SW Fifth Avenue Building is a chance to own and build equity in a real estate secured asset. You have a 100% undivided interest in your own private floor. You are part of condo association and you share in the maintenance, expenses, taxes, and quality control. But you purchase and design and a have 100% ownership interest in something like this.
Cost to per square foot: +/- 21.28 PSF NNN
Tax benefits of ownership (Depreciation & Interest Deductions)
Build equity over time
Fixed cost to occupy with financing versus increasing lease rates
No more negotiating with Landlord on renewals
Multiple exit strategies. (ex. Sale lease back)
Opportunity to purchase and remain Downtown
Seismically upgraded, ADA and Fire Life for URM (Rare)
Historically Preserved (Rare)
Separately Metered Floors
Making ownership affordable to small business
Allowing local business to fix their costs
Preserve working capital with low (10%) down financing (SBA)
Design your own floor
Control your future expenses
Sell your business with a lease in place / collect the income
Low barrier of entry
Controlled Elevator served to full floor ownership
