Vacant Commercial Real Estate may Qualify for a Tax Break

January 1, 2018
Written by Gerard Staudt in category 

Below market occupancy rates, or the anticipated departure of a major tenant, are two factors that signal the potential for property tax relief. “A vacant anchor space diminishes value even when the owner continues to receive rent on the dark space.”

Does your state offer a tax break on vacant space? Follow these simple steps to find out:

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