Vici Real Estate offers our clients the ability to rent or own their retail office and medical space locations. The benefits of owning your own space are tremendous and can create a substantial asset for your business. In addition to the equity you build over time, owing your office creates a number of tax advantages over leasing. Below is a chart that shows the yearly tax benefits.

	OWNERSHIP	LEASE
Monthly Payment	Interest is deductible	100% deductible
Insurance	100% deductible	100% deductible
Taxes	100% deductible	N/A
CAM Charges	100% deductible	N/A
Repairs	100% deductible	N/A
Building Depreciation	100% deductible	N/A

To learn more about the benefits of ownership DOWNLOAD our comparison sheet.


Frequently Asked Questions

Can I have my Unit interior designed to suit my specific needs?
Yes, you can. Custom plans like interior finish upgrades have related design, construction and permitting expenses.

What about utilities?
All utilities are metered separately.

What about telephone service and internet access?
Lower cost phone lines, high speed T1 and DSL are available.

What is included in the unit association fee?
The association fee includes: exterior maintenance of the building and grounds including roof, landscaping, parking lot maintenance and lighting, site dumpster service, certain hazard insurance, management and other administrative expenses.

What about property taxes?
Each owner is billed directly by the municipality for the unit property taxes.

Who is responsible for maintenance?
The Association contracts and pays for all exterior maintenance. Each unit owner is responsible for all interior maintenance.

What about signage?
Custom signage is allowed in accordance with development sign rules and regulations. The unit owner must submit any changes in signage for Association approval. Often the municipality restricts signage so each development is different.