• Are you tired of renting space month after month, year after year, with nothing to show but canceled checks?
• Are you sick of getting hit with annual rent increases and tired of spending your hard-earned money improving your landlord’s property?

Let’s face it. When you rent, you are still paying for the property and operating expenses but receiving none of the long-term benefits of equity and appreciation.

As commercial real estate becomes more expensive and available product dwindles, flexible office, storage, and workshop spaces are appreciating at a premium. A Workspace USA Flex Space Condominium is a real estate investment that builds equity, similar to a home or office building, and comes with a deed at closing. When used for business purposes, the interest expense is deductible, and the purchase qualifies as a depreciating business asset, effectively lowering income taxes. Each unit is part of a condominium regime with shared amenities and expenses maintained through monthly dues, much like an HOA.

Benefits of owning rather than renting:

• Rental rates will only continue to rise, so now you can enjoy no annual rent increases!
• Reap the tax advantages of owning versus leasing.
• Realize property appreciation, build equity, recapture your investment, and ultimately profit!
• Hedge against inflation with low, fixed monthly payments.
• Utilize the depreciation of your unit’s total cost to provide significant deductions to your yearly income taxes (if your building is used for commercial/business usage).
• Individual control of your space and its design.
• Your expenses for customization and improvements can be recaptured at the time of sale rather than lost, as is the case with tenant funded improvements to a lease property.
• A low-risk investment to provide future cash flow and retirement income.

Disadvantages of Renting Rather Than Owning:

• Renting an office space does not allow you to build equity, as your monthly payments go entirely to the landlord.
• Tenants often face restrictions on customizing or personalizing the space, limiting their ability to adapt it fully to their needs.
• Rental costs can increase over time due to lease agreements with escalation clauses, making long-term expenses unpredictable.
• There is no guarantee of lease renewal, which could force businesses to relocate and disrupt operations.
• Maintenance and repairs are at the discretion of the landlord, potentially leading to delays or unaddressed issues.
• Tenants have limited control over the surrounding environment, including neighboring tenants or shared building spaces.
• Renting offers fewer tax advantages compared to ownership, as it doesn’t allow for asset depreciation or equity growth.

Workspace USA offers multiple leasing options, but why rent space when buying and owning can ultimately cost less? You can recoup your investment when you wish and potentially create appreciation and wealth.

Are you keen on purchasing but just need a little more time to save up for a down payment? Talk to us about a lease-purchase that allows you to move in with a lease and later convert that lease to a purchase contract. In many cases, we can structure a lease-purchase where a portion of your initial lease payments are credited towards your purchase price.

Your business and storage requirements can now be an investment in desirable commercial real estate! Turn your rental expenses into an appreciating asset!