Shopping Plaza: CSS Completed for 2005 Tax Year

The property consists of a mix of buildings including a multi-retail strip mall, big box retailers, and stand-alone restaurants. The project includes over 700,000 square feet of tenant space located on 69 acres.

• Placed in Service: May 2004
 
• Cost Basis: $38,756,610
 
• Accelerated: $15,618,910 (40.3%)
 
• 1st Year Savings: Over $2,700,000*
 
• 10-Year NPV Savings: Over $3,800,000**

Supermarket: CSS Completed for 2005 Tax Year

The property is a ‘big-box’ style full service supermarket. The main floor has a footprint of approximately 62,200 square feet and includes a bakery, florist, full service retail banking, and a pharmacy. The second mezzanine level is approximately 4,990 square feet and houses an employee lunch room, a conference room, a training room, security and computer rooms, and two restrooms.

• Placed in Service: October 2005
 
• Cost Basis: $10,137,304
 
• Accelerated: $5,310,000 (53.1%)
 
• 1st Year Savings: Over $1,240,000*
 
• 10-Year NPV Savings: Over $1,260,000**

Regional Mall: CSS Completed for 2004 Tax Year

The property is a single story retail complex. The entire lot of 2,294,385 SF has been highly developed for use with a combination of paved and striped parking to support 5,313 vehicles. In addition to the parking areas, the building is completely surrounded by concrete sidewalks that vary in width from 4 feet to 17 feet. Decorative planting beds surround the building, most of which have irrigation.

• Placed in Service: October 2004
 
• Cost Basis: $25,606,256
 
• Accelerated: $9,781,590 (38.2%)
 
• 1st Year Savings: Over $253,000*
 
• 10-Year NPV Savings: Over $1,400,000**