Description

Negotiate the purchase of a building for an animal hospital in Merrifield, VA

Service:
Purchase
Square Feet:
43,000 sf

SouthPaws Animal Hospital

Challenge:

Southpaws Animal Hospital was in an older, inefficient, and poorly located facility. They desired to purchase a larger, more visible retail location, however, the site they located was not currently up for sale.

Solution:

Larsen Commercial was retained to help Southpaws negotiate the purchase of a location that was currently advertised to only be leased - not sold. Using a creative approach, we tailored a win-win solution for Southpaws and the current owner. We were able to negotiate a long-term installment sale to allow for a delay of the payment of capital gains taxes. After educating the seller on the benefits of this approach, Larsen negotiated a 20-year investment sale between the two parties.