Distribution Warehouse: CSS Completed for 2005 Tax Year

The property is occupied by two tenants and consists of a steel framed pre-engineered warehouse building. An intra-warehouse office area is located along a portion of the eastern wall of the building. The warehouse building has a footprint and total gross area of approximately 50,000 square feet. The building occupies a 6.25 acre site.

• Placed in Service: January 2002
 
• Cost Basis: $1,921,936
 
• Accelerated: $361,324 (18.8%)
 
• 1st Year Savings: Over $70,000*
 
• 10-Year NPV Savings: Over $88,000**

Retail Distribution: CSS Completed for 2003 Tax Year

Headquarters for one of the world’s largest numismatic retailers consisting of 96,000 square feet constructed in 1998. The facility has extensive special security, electric, HVAC and other systems utilized to provide controlled, ambient conditions for collectible coins and currency.

• Placed in Service: December 1999
 
• Cost Basis: $5,751,523
 
• Accelerated: $1,242,329 (21.6%)
 
• 1st Year Savings: Over $389,000*
 
• 10-Year NPV Savings: Over $299,000**

Beverage Distribution: CSS Completed for 2003 Tax Year

The property is a two-story beverage distribution center. The first floor consists of 24 offices, the main lobby, a sales bullpen area, two break rooms, a sign-making office, an IS/computer room and restrooms/locker rooms. The second floor houses 10 offices, a second sales bullpen area, hospitality and training room, training bar, and restrooms.

• Placed in Service: August 2000
 
• Cost Basis: $5,452,789
 
• Accelerated: $1,417,725 (26%)
 
• 1st Year Savings: Over $317,000*
 
• 10-Year NPV Savings: Over $308,000**