Why Pay Outrageous Monthly Rents For MOB Space When You Can Own For Less

Prominent real estate developer, Stable Development, recently introduced “Shared Equity” to Clark County physicians as an alternative to renting costly MOB space or general office/medical space with standard lease terms. “Shared Equity” provides longer term leases for physicians/doctors/dentists and provided with those leases, ownership in the building is given for FREE, hence “Shared Equity” was introduced. Stable Recognized long-term leases are most appropriate for medical tenants and with that commitment, each building is placed into an LLC and a portion of ownership is granted for each tenant. Benefits granted as owners opposed to leasees include:
 Distributions of Net Cash Flows
 Mortgage Interest Tax Deduction (think in terms of home ownership)
 Depreciation Tax Benefit
 Appreciation of Real Estate
 Capital Gain from Future Sale

Strategically located in medical corridors in Las Vegas and Henderson, Stable has successfully developed over 1 million square feet of medical/professional space and call some 100 local entrepreneurial physicians “Shared Equity” partners. Practices looking to expand, penetrate new markets, or just have a lease coming due can all drastically benefit from our model. At Corporate Center we offer space at $2.25/sq. ft. but with the ownership a tenant’s net effective price at year end after tax and depreciation can be $1.67/sq. ft. or a savings of nearly $.60/sq. ft!

Current projects include the 40,000 sq. ft. Coronado Medical and Surgery Center in Henderson, NV located on Eastern Ave. and Horizon Ridge. Currently we have about 6,000 sq. ft. remaining with free tenant ownership. Anchor tenants include Dr. Michael Crovetti – Crovetti Orthopedics & Sports Medicine, Tim Soder Physical Therapy, Dr. Bruce Synder – Ophthalmologist, Dr. Monica J. Wall – Family Practice, and The Coronado Surgery Center, LLC.

The Corporate Center at the Curve Consists of 8-9 buildings totaling over 250,000 sq. ft. in the booming Southwest. Freeway frontage on the 215 Beltway and Sunset Road offers convenience to 3-local hospitals and thousands of commuting daily vehicles. Phase I is now complete consisting of 4-22,000 sq. ft. buildings with limited ownership still available; Phase II is underway and we are quickly filling our 2-47,500 sq. ft. buildings with excited owners.

For more information about becoming a "Shared Equity" owner contact Kodiak Yazzie at (702) 860-9155 or kodiaky@stabledevelopment.com