About Us
Property ownership is an American Dream. Now business owners can experience that same dream by owning retail, professional, medical office and/or a light manufacturing facility in a strategic centrally located First Class Business Park.
This business park is uniquely positioned to meet the needs of all kinds of small to mid-sized companies such as entrepreneurial businesses, engineers, architects, contractors, accountants, distributors, medical practices, lawyers, wholesale/retailers, food services, lodging, etc. Padden Parkway Business Park offers variable purchase and occupation opportunities, such as a straight purchase, purchase with developer assisted financing, lease w/option to purchase, and also a 3 year minimum lease with extension and conversion options. Companies can now experience value appreciation and tax advantages through ownership.
Ownership benefits include -
- Build equity through monthly mortgage payments
- Potential for Real Estate appreciation
- No Washington State corporate income tax
- No Washington State individual income tax
- No Washington State unitary tax
- No Washington State dividend, interest, or capital gains tax
- Mortgage interest deduction
- Real Estate property tax deduction
- Real Estate depreciation deduction
- Association dues deduction
Today, Lindco Development LLC is utilizing a combined experience of over 60 years in acquisition, management, development, and construction of commercial and residential Real Estate properties. The company also extends its capabilities to clients that seek quality, professional real estate support and alternative financing opportunities.
If you are a potential owner-user or a lessee with an option to purchase, take a look at this master planned business park to find a building unit or a combination of units to suit your needs.
If you are an investor, whether in need of a 1031 exchange replacement property, or a real estate asset with cash flow, a commercial condo can offer the right investment with the potential for annual cash returns and asset appreciation.
Lindco Development LLC is currently taking pre-construction reservations for all phases of the Padden Parkway Business Park condominiums.
For more details please contact: Tom Platfoot (360) 798-1619 or Rich Young (360) 694-8000
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