Have a question in mind?
Find answers to the most common inquiries regarding our services.
What is an Income Property?
An income property is a leased real estate asset that generates a stream of income from scheduled rental payments.
Why should I go from ‘owning’ my building to renting it?
The primary purpose for selling your building at the same time you agree to lease it back (sale-leaseback) is to obtain a premium sales price for your property.
In most cases, a medical office building is worth 33% - 100% more when it is sold in combination with a newly executed lease.
If not for a sale leaseback, it is impossible to borrow more than the value of the land + building without cross-collateralizing other company assets.
Why is my property worth more when I execute a lease?
The predictable cash flow associated with rental payments from an income property creates value that does not exist if a property is vacant. The financial strength of the tenant, and any rent payment guarantees, can influence the amount of money (up or down) that a lender will lend against the purchase of an income property.
The stronger the tenant (Example: Google, Amazon, etc..) the less likely a rent default will occur, and the more willing a lender may be to provide a loan to the purchaser, the more favorable the terms of the loan, and the higher a property will likely sell for.
How much is my facility worth as a vacant property?
We use the State Equalized Value (SEV) as a baseline for establishing the value of a property. The SEV is typically very accurate, because it is based on sales data compiled by the state. It takes into consideration the value of the land and all known improvements (such as parking lots and buildings). It does not take into consideration any cash flow that may influence the value of the property.
The SEV is expressed as 1/2 of the market value. Stated another way, the SEV x 2 = Estimated Market Value if vacant.
Estimated Market Value
State Equilized Value (SEV)
$1,000,000
Multiply by 2
x2
= Estimated Market Value
$2,000,000
How do you determine the average rental rate for similar properties within my submarket?
We use various real estate industry databases, knowledge from properties that we own and/or manage, and industry information gained from our valuable relationships to determine the rental rate in a particular market.
How do you calculate the lease premium (value) of my lease?
The Lease Premium is the difference between the Purchase Price of an income property and the value of the property if vacant (HINT: SEV x 2). Formula: Purchase Price - Value if Vacant = Lease Premium.
Example
Sales Leaseback Purchase Price
$3,000,000
(minus) Estimated Value based on SEV
$2,000,000
= Lease Premium
$1,000,000
Can I retain an equity stake in my property?
Yes. We are agreeable to a seller retaining an equity stake in their property after the sale. This approach is most desirable to multi-physician practices where a Partner is reluctant to sell, or when an owner/seller is attempting to minimize, reduce, or defer a taxable gain on the sale of an asset. This approach has also been utilized by owners/sellers that wish to communicate to their employees that they still maintain an ownership stake in the property.
Will my employees find out that I sold my building?
There's always a small chance that they will find out, but we do everything in our power to ensure they don't. Except for a couple of visits to the property (to inspect the roof, HVAC, and parking lot) our presence and news of the transaction will largely go unnoticed.
What if my employees find out that our property has been sold?
On a rare occasion an employee may ask why the company sold their land and building. Most employees will be comfortable knowing that you sold your property in conjunction with entering a 10-year lease, because a 10-year lease indicates a long-term commitment to the on-going health of the company.
Additionally, if you intend on reinvesting the proceeds from a sale back into the business, your employees will be delighted by your decision.
How long does it take for a sale-leaseback to close?
We can usually close a sale-leaseback transaction within 45 to 60 days from the time at which we enter into a binding Purchase Agreement.
Third party report preparation (appraisals, environmental studies, etc.) are items that typically require up to 30-days to complete and are obviously outside of our control.
Are you willing to provide improvements to our facility?
Yes, in some cases we agree to provide repair or replacement of major building systems (heating/HVAC) or parking lots and/or roofs, when we structure a sale-leaseback. In some cases, the proceeds from a sale are directed towards the installation of specialized equipment or the build-out of special exam or operating rooms.
Can I use the money I receive from a sale leaseback for most any purpose?
Yes, you can. We prefer that you reinvest the capital back into growing your business, but on occasion a company owner will use sale proceeds to enjoy their retirement or make an unrelated investment.
Of course, any investment or distribution that impacts the companies’ ability to meet their rent obligations will be frowned upon.
Paying rent (which is typically a higher monthly payment than a mortgage payment) will reduce my operating profit; does it make my business worth less?
A sale-leaseback arrangement can indeed lead to higher rental payments compared to historical mortgage payments, potentially reducing operating profit and thereby affecting a valuation based on this metric. However, this could be offset by the immediate liquidity gained from the sale, the opportunity to invest in higher-return areas, the benefits of off-balance-sheet financing, and the flexibility provided from not being tied to a property after lease expiration. The net impact on a company's valuation, particularly would depend on how these various factors interact and align with the firm's investment strategy and return objectives.
Do you require financial statements from my company during a sale leaseback?
Yes, we typically ask for 3-years’ worth of P&L's and a recent balance sheet.
If my company is not borrowing any money, why do you need to see my financials?
A sale-leaseback is a partnership, as the Landlord/Lessor we are relying on the rental income from the lease, when structuring the deal. We are simply seeking assurance that your company is healthy enough to fulfill your obligations under the terms of the lease.
Aren't you just a finance company?
We are not a finance company. We are an established real estate development and investment firm. Financing implies that you are taking on debt. Under a sale-leaseback, you are not going into debt. At closing you will be required to pay off any mortgages or other liens against the property to provide us clear title to the property. You will be eliminating debt.
Are you attempting to broker a transaction?
No, we are not attempting to Broker a transaction. We are focused on growing our portfolio of leased assets.
Will I be responsible for paying a commission at closing?
No, you will not be responsible for paying a commission at Closing, unless you decide to engage a broker to represent you, or if your property was listed prior to being contacted by us.
Am I responsible for any upfront fees/charges?
No, we conduct all due diligence and underwriting activities at our expense and risk.
Are you willing to expand our facility?
Yes, can incorporate a facility expansion into a sale-leaseback. If your site has vacant land capable of supporting an addition, we would be delighted to provide you a construction cost estimate.
Do you need on-going access to the property after closing?
Under a sale-leaseback, the tenant is responsible for all property expenses and maintenance. Therefore, as the owner of the property we do not require unfettered access, unless in the event of a natural disaster, fire or emergency.
We typically like to visit each property at least once annually to make sure that certain items (such as the roof) are being maintained, to preserve the value of the structure. We will coordinate our visits with property management or ownership.
What does SEV stand for?
SEV stands for State Equalized Value. The SEV of a property is determined by the State and can typically be found on the tax bill or assessors’ card for a property.
In most cases (depending on state of jurisdiction) the SEV is an estimate of the value of land + physical improvements (building). It is used to calculate the state property tax.
The SEV is typically expressed as 1/2 the market price of a property (as vacant). Stated another way: To determine the estimated market value of a property, multiply the SEV x2
Is there a way that we can pay less rent than has been proposed in the term sheet?
Yes, because the terms of a sale-leaseback are negotiated, it is entirely possible to reduce the rental payment in a proposed transaction.
Modification of the lease payment will typically require that the purchase price be reduced, as rent is a function of the purchase price and targeted rate of return required by the purchaser in a sale-leaseback transaction.
An alternate strategy may involve graduated rent payments that increase over time.
What is a CAP rate?
The capitalization rate is the rate of return on a real estate investment property based on the net operating income that the property is expected to generate. Income minus expenses = NOI
The capitalization rate is used to estimate the investor's potential return on his or her investment.
Capitalization Rate = Net Operating Income / Purchase Price. Example: $90,000 / $1,000,000 = 9% Capitalization Rate
Are there other reasons I should consider sale leaseback, besides selling my property at a premium?
There are many reasons to consider a sale-leaseback, a few of which can be found below.
Pay down debt
Buyout a Partner
Acquire a competitor or add a new location/practice
Expand your product/service offerings
Make a distribution to shareholders
Expand or upgrade your current facility
What is a Triple Net Lease (NNN) or Absolute Net Lease?
A triple net lease (NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
Why should we do a sale/leaseback if we intend on remaining in our facility for 10 or more years?
By agreeing to remain in a facility for 10 years, you create enormous value that you can capitalize on right now. Executing a 10-year lease creates a predictable income stream that is of interest to the investment community. If you properly invest the proceeds from a sale, your investment will provide you with investment returns.
If you wait 10 years and close the doors of your company, or sell your business, your property will sell as a vacant property and will likely trade for significantly less than the price you sold it for 10 years earlier.
What is an Income Property?
An income property is a leased real estate asset that generates a stream of income from scheduled rental payments.
Why should I go from ‘owning’ my building to renting it?
The primary purpose for selling your building at the same time you agree to lease it back (sale-leaseback) is to obtain a premium sales price for your property.
In most cases, a medical office building is worth 33% - 100% more when it is sold in combination with a newly executed lease.
If not for a sale leaseback, it is impossible to borrow more than the value of the land + building without cross-collateralizing other company assets.
Why is my property worth more when I execute a lease?
The predictable cash flow associated with rental payments from an income property creates value that does not exist if a property is vacant. The financial strength of the tenant, and any rent payment guarantees, can influence the amount of money (up or down) that a lender will lend against the purchase of an income property.
The stronger the tenant (Example: Google, Amazon, etc..) the less likely a rent default will occur, and the more willing a lender may be to provide a loan to the purchaser, the more favorable the terms of the loan, and the higher a property will likely sell for.
How much is my facility worth as a vacant property?
We use the State Equalized Value (SEV) as a baseline for establishing the value of a property. The SEV is typically very accurate, because it is based on sales data compiled by the state. It takes into consideration the value of the land and all known improvements (such as parking lots and buildings). It does not take into consideration any cash flow that may influence the value of the property.
The SEV is expressed as 1/2 of the market value. Stated another way, the SEV x 2 = Estimated Market Value if vacant.
Estimated Market Value
State Equilized Value (SEV)
$1,000,000
Multiply by 2
x2
= Estimated Market Value
$2,000,000
How do you determine the average rental rate for similar properties within my submarket?
We use various real estate industry databases, knowledge from properties that we own and/or manage, and industry information gained from our valuable relationships to determine the rental rate in a particular market.
How do you calculate the lease premium (value) of my lease?
The Lease Premium is the difference between the Purchase Price of an income property and the value of the property if vacant (HINT: SEV x 2). Formula: Purchase Price - Value if Vacant = Lease Premium.
Example
Sales Leaseback Purchase Price
$3,000,000
(minus) Estimated Value based on SEV
$2,000,000
= Lease Premium
$1,000,000
Can I retain an equity stake in my property?
Yes. We are agreeable to a seller retaining an equity stake in their property after the sale. This approach is most desirable to multi-physician practices where a Partner is reluctant to sell, or when an owner/seller is attempting to minimize, reduce, or defer a taxable gain on the sale of an asset. This approach has also been utilized by owners/sellers that wish to communicate to their employees that they still maintain an ownership stake in the property.
Will my employees find out that I sold my building?
There's always a small chance that they will find out, but we do everything in our power to ensure they don't. Except for a couple of visits to the property (to inspect the roof, HVAC, and parking lot) our presence and news of the transaction will largely go unnoticed.
What if my employees find out that our property has been sold?
On a rare occasion an employee may ask why the company sold their land and building. Most employees will be comfortable knowing that you sold your property in conjunction with entering a 10-year lease, because a 10-year lease indicates a long-term commitment to the on-going health of the company.
Additionally, if you intend on reinvesting the proceeds from a sale back into the business, your employees will be delighted by your decision.
How long does it take for a sale-leaseback to close?
We can usually close a sale-leaseback transaction within 45 to 60 days from the time at which we enter into a binding Purchase Agreement.
Third party report preparation (appraisals, environmental studies, etc.) are items that typically require up to 30-days to complete and are obviously outside of our control.
Are you willing to provide improvements to our facility?
Yes, in some cases we agree to provide repair or replacement of major building systems (heating/HVAC) or parking lots and/or roofs, when we structure a sale-leaseback. In some cases, the proceeds from a sale are directed towards the installation of specialized equipment or the build-out of special exam or operating rooms.
Can I use the money I receive from a sale leaseback for most any purpose?
Yes, you can. We prefer that you reinvest the capital back into growing your business, but on occasion a company owner will use sale proceeds to enjoy their retirement or make an unrelated investment.
Of course, any investment or distribution that impacts the companies’ ability to meet their rent obligations will be frowned upon.
Paying rent (which is typically a higher monthly payment than a mortgage payment) will reduce my operating profit; does it make my business worth less?
A sale-leaseback arrangement can indeed lead to higher rental payments compared to historical mortgage payments, potentially reducing operating profit and thereby affecting a valuation based on this metric. However, this could be offset by the immediate liquidity gained from the sale, the opportunity to invest in higher-return areas, the benefits of off-balance-sheet financing, and the flexibility provided from not being tied to a property after lease expiration. The net impact on a company's valuation, particularly would depend on how these various factors interact and align with the firm's investment strategy and return objectives.
Do you require financial statements from my company during a sale leaseback?
Yes, we typically ask for 3-years’ worth of P&L's and a recent balance sheet.
If my company is not borrowing any money, why do you need to see my financials?
A sale-leaseback is a partnership, as the Landlord/Lessor we are relying on the rental income from the lease, when structuring the deal. We are simply seeking assurance that your company is healthy enough to fulfill your obligations under the terms of the lease.
Aren't you just a finance company?
We are not a finance company. We are an established real estate development and investment firm. Financing implies that you are taking on debt. Under a sale-leaseback, you are not going into debt. At closing you will be required to pay off any mortgages or other liens against the property to provide us clear title to the property. You will be eliminating debt.
Are you attempting to broker a transaction?
No, we are not attempting to Broker a transaction. We are focused on growing our portfolio of leased assets.
Will I be responsible for paying a commission at closing?
No, you will not be responsible for paying a commission at Closing, unless you decide to engage a broker to represent you, or if your property was listed prior to being contacted by us.
Am I responsible for any upfront fees/charges?
No, we conduct all due diligence and underwriting activities at our expense and risk.
Are you willing to expand our facility?
Yes, can incorporate a facility expansion into a sale-leaseback. If your site has vacant land capable of supporting an addition, we would be delighted to provide you a construction cost estimate.
Do you need on-going access to the property after closing?
Under a sale-leaseback, the tenant is responsible for all property expenses and maintenance. Therefore, as the owner of the property we do not require unfettered access, unless in the event of a natural disaster, fire or emergency.
We typically like to visit each property at least once annually to make sure that certain items (such as the roof) are being maintained, to preserve the value of the structure. We will coordinate our visits with property management or ownership.
What does SEV stand for?
SEV stands for State Equalized Value. The SEV of a property is determined by the State and can typically be found on the tax bill or assessors’ card for a property.
In most cases (depending on state of jurisdiction) the SEV is an estimate of the value of land + physical improvements (building). It is used to calculate the state property tax.
The SEV is typically expressed as 1/2 the market price of a property (as vacant). Stated another way: To determine the estimated market value of a property, multiply the SEV x2
Is there a way that we can pay less rent than has been proposed in the term sheet?
Yes, because the terms of a sale-leaseback are negotiated, it is entirely possible to reduce the rental payment in a proposed transaction.
Modification of the lease payment will typically require that the purchase price be reduced, as rent is a function of the purchase price and targeted rate of return required by the purchaser in a sale-leaseback transaction.
An alternate strategy may involve graduated rent payments that increase over time.
What is a CAP rate?
The capitalization rate is the rate of return on a real estate investment property based on the net operating income that the property is expected to generate. Income minus expenses = NOI
The capitalization rate is used to estimate the investor's potential return on his or her investment.
Capitalization Rate = Net Operating Income / Purchase Price. Example: $90,000 / $1,000,000 = 9% Capitalization Rate
Are there other reasons I should consider sale leaseback, besides selling my property at a premium?
There are many reasons to consider a sale-leaseback, a few of which can be found below.
Pay down debt
Buyout a Partner
Acquire a competitor or add a new location/practice
Expand your product/service offerings
Make a distribution to shareholders
Expand or upgrade your current facility
What is a Triple Net Lease (NNN) or Absolute Net Lease?
A triple net lease (NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
Why should we do a sale/leaseback if we intend on remaining in our facility for 10 or more years?
By agreeing to remain in a facility for 10 years, you create enormous value that you can capitalize on right now. Executing a 10-year lease creates a predictable income stream that is of interest to the investment community. If you properly invest the proceeds from a sale, your investment will provide you with investment returns.
If you wait 10 years and close the doors of your company, or sell your business, your property will sell as a vacant property and will likely trade for significantly less than the price you sold it for 10 years earlier.
What is an Income Property?
An income property is a leased real estate asset that generates a stream of income from scheduled rental payments.
Why should I go from ‘owning’ my building to renting it?
The primary purpose for selling your building at the same time you agree to lease it back (sale-leaseback) is to obtain a premium sales price for your property.
In most cases, a medical office building is worth 33% - 100% more when it is sold in combination with a newly executed lease.
If not for a sale leaseback, it is impossible to borrow more than the value of the land + building without cross-collateralizing other company assets.
Why is my property worth more when I execute a lease?
The predictable cash flow associated with rental payments from an income property creates value that does not exist if a property is vacant. The financial strength of the tenant, and any rent payment guarantees, can influence the amount of money (up or down) that a lender will lend against the purchase of an income property.
The stronger the tenant (Example: Google, Amazon, etc..) the less likely a rent default will occur, and the more willing a lender may be to provide a loan to the purchaser, the more favorable the terms of the loan, and the higher a property will likely sell for.
How much is my facility worth as a vacant property?
We use the State Equalized Value (SEV) as a baseline for establishing the value of a property. The SEV is typically very accurate, because it is based on sales data compiled by the state. It takes into consideration the value of the land and all known improvements (such as parking lots and buildings). It does not take into consideration any cash flow that may influence the value of the property.
The SEV is expressed as 1/2 of the market value. Stated another way, the SEV x 2 = Estimated Market Value if vacant.
Estimated Market Value
State Equilized Value (SEV)
$1,000,000
Multiply by 2
x2
= Estimated Market Value
$2,000,000
How do you determine the average rental rate for similar properties within my submarket?
We use various real estate industry databases, knowledge from properties that we own and/or manage, and industry information gained from our valuable relationships to determine the rental rate in a particular market.
How do you calculate the lease premium (value) of my lease?
The Lease Premium is the difference between the Purchase Price of an income property and the value of the property if vacant (HINT: SEV x 2). Formula: Purchase Price - Value if Vacant = Lease Premium.
Example
Sales Leaseback Purchase Price
$3,000,000
(minus) Estimated Value based on SEV
$2,000,000
= Lease Premium
$1,000,000
Can I retain an equity stake in my property?
Yes. We are agreeable to a seller retaining an equity stake in their property after the sale. This approach is most desirable to multi-physician practices where a Partner is reluctant to sell, or when an owner/seller is attempting to minimize, reduce, or defer a taxable gain on the sale of an asset. This approach has also been utilized by owners/sellers that wish to communicate to their employees that they still maintain an ownership stake in the property.
Will my employees find out that I sold my building?
There's always a small chance that they will find out, but we do everything in our power to ensure they don't. Except for a couple of visits to the property (to inspect the roof, HVAC, and parking lot) our presence and news of the transaction will largely go unnoticed.
What if my employees find out that our property has been sold?
On a rare occasion an employee may ask why the company sold their land and building. Most employees will be comfortable knowing that you sold your property in conjunction with entering a 10-year lease, because a 10-year lease indicates a long-term commitment to the on-going health of the company.
Additionally, if you intend on reinvesting the proceeds from a sale back into the business, your employees will be delighted by your decision.
How long does it take for a sale-leaseback to close?
We can usually close a sale-leaseback transaction within 45 to 60 days from the time at which we enter into a binding Purchase Agreement.
Third party report preparation (appraisals, environmental studies, etc.) are items that typically require up to 30-days to complete and are obviously outside of our control.
Are you willing to provide improvements to our facility?
Yes, in some cases we agree to provide repair or replacement of major building systems (heating/HVAC) or parking lots and/or roofs, when we structure a sale-leaseback. In some cases, the proceeds from a sale are directed towards the installation of specialized equipment or the build-out of special exam or operating rooms.
Can I use the money I receive from a sale leaseback for most any purpose?
Yes, you can. We prefer that you reinvest the capital back into growing your business, but on occasion a company owner will use sale proceeds to enjoy their retirement or make an unrelated investment.
Of course, any investment or distribution that impacts the companies’ ability to meet their rent obligations will be frowned upon.
Paying rent (which is typically a higher monthly payment than a mortgage payment) will reduce my operating profit; does it make my business worth less?
A sale-leaseback arrangement can indeed lead to higher rental payments compared to historical mortgage payments, potentially reducing operating profit and thereby affecting a valuation based on this metric. However, this could be offset by the immediate liquidity gained from the sale, the opportunity to invest in higher-return areas, the benefits of off-balance-sheet financing, and the flexibility provided from not being tied to a property after lease expiration. The net impact on a company's valuation, particularly would depend on how these various factors interact and align with the firm's investment strategy and return objectives.
Do you require financial statements from my company during a sale leaseback?
Yes, we typically ask for 3-years’ worth of P&L's and a recent balance sheet.
If my company is not borrowing any money, why do you need to see my financials?
A sale-leaseback is a partnership, as the Landlord/Lessor we are relying on the rental income from the lease, when structuring the deal. We are simply seeking assurance that your company is healthy enough to fulfill your obligations under the terms of the lease.
Aren't you just a finance company?
We are not a finance company. We are an established real estate development and investment firm. Financing implies that you are taking on debt. Under a sale-leaseback, you are not going into debt. At closing you will be required to pay off any mortgages or other liens against the property to provide us clear title to the property. You will be eliminating debt.
Are you attempting to broker a transaction?
No, we are not attempting to Broker a transaction. We are focused on growing our portfolio of leased assets.
Will I be responsible for paying a commission at closing?
No, you will not be responsible for paying a commission at Closing, unless you decide to engage a broker to represent you, or if your property was listed prior to being contacted by us.
Am I responsible for any upfront fees/charges?
No, we conduct all due diligence and underwriting activities at our expense and risk.
Are you willing to expand our facility?
Yes, can incorporate a facility expansion into a sale-leaseback. If your site has vacant land capable of supporting an addition, we would be delighted to provide you a construction cost estimate.
Do you need on-going access to the property after closing?
Under a sale-leaseback, the tenant is responsible for all property expenses and maintenance. Therefore, as the owner of the property we do not require unfettered access, unless in the event of a natural disaster, fire or emergency.
We typically like to visit each property at least once annually to make sure that certain items (such as the roof) are being maintained, to preserve the value of the structure. We will coordinate our visits with property management or ownership.
What does SEV stand for?
SEV stands for State Equalized Value. The SEV of a property is determined by the State and can typically be found on the tax bill or assessors’ card for a property.
In most cases (depending on state of jurisdiction) the SEV is an estimate of the value of land + physical improvements (building). It is used to calculate the state property tax.
The SEV is typically expressed as 1/2 the market price of a property (as vacant). Stated another way: To determine the estimated market value of a property, multiply the SEV x2
Is there a way that we can pay less rent than has been proposed in the term sheet?
Yes, because the terms of a sale-leaseback are negotiated, it is entirely possible to reduce the rental payment in a proposed transaction.
Modification of the lease payment will typically require that the purchase price be reduced, as rent is a function of the purchase price and targeted rate of return required by the purchaser in a sale-leaseback transaction.
An alternate strategy may involve graduated rent payments that increase over time.
What is a CAP rate?
The capitalization rate is the rate of return on a real estate investment property based on the net operating income that the property is expected to generate. Income minus expenses = NOI
The capitalization rate is used to estimate the investor's potential return on his or her investment.
Capitalization Rate = Net Operating Income / Purchase Price. Example: $90,000 / $1,000,000 = 9% Capitalization Rate
Are there other reasons I should consider sale leaseback, besides selling my property at a premium?
There are many reasons to consider a sale-leaseback, a few of which can be found below.
Pay down debt
Buyout a Partner
Acquire a competitor or add a new location/practice
Expand your product/service offerings
Make a distribution to shareholders
Expand or upgrade your current facility
What is a Triple Net Lease (NNN) or Absolute Net Lease?
A triple net lease (NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
Why should we do a sale/leaseback if we intend on remaining in our facility for 10 or more years?
By agreeing to remain in a facility for 10 years, you create enormous value that you can capitalize on right now. Executing a 10-year lease creates a predictable income stream that is of interest to the investment community. If you properly invest the proceeds from a sale, your investment will provide you with investment returns.
If you wait 10 years and close the doors of your company, or sell your business, your property will sell as a vacant property and will likely trade for significantly less than the price you sold it for 10 years earlier.
