Retail Strip Center

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SAVINGS IDENTIFIED:
1st Yr. Depr. Increase: $1,372,399
Full Life NPV: $324,073

FACILITY TYPE
Retail Strip Center
42,000 sf

CLIENT DATA
Facility Cost: $5,161,026
Space Type: Acquired
Addl. Savings: YES

CLIENT IDENTITY

This client is an owner who considers cost segregation value before each of his purchases. He owns over 80 buildings.

 PROJECT SUMMARY

The project value of a retail strip center can be high or low, depending largely on the answers to 3 questions: Is the land value a high or low percentage of total subject property value? Are the land improvements owned by the subject property owner? What percentage of each tenant build out is owned by the subject property owner? Each transaction will answer these questions differently. Highest value studies will have low land value, and ownership of all land improvements and tenant build outs. This property had average land value (20%), ownership of all land improvements and approximately 65% of the build out values.