Reduced Upfront Costs
Moving into a leased commercial healthcare property offers significantly lower upfront costs. Entering into a lease agreement requires minimal costs, whereas purchasing a property requires significant spending for the down payment. Additionally, you will not be required to cover any costly problems that may arise down the road.
Flexibility
Leasing your commercial healthcare property offers a lot of flexibility. Whether you realize having a location somewhere else in Colorado Springs would bring in more customers, or if you decide to move your business across the country, ending a lease on your commercial property is far easier and less costly than selling a property.
Lowered Taxes
Leasing a commercial healthcare property creates an opportunity for reducing and deducting business taxes. Your lease payment can be written off your yearly taxes, as well as a plethora of other payments. Property insurance, property tax, and utilities are just some of the examples of expenses you can deduct from your annual business taxes.