I would have to know more about the property to run a comparison - a ground lease could be a great option. Those are typically 50 - 99 years and you retain the land and improvements the tenant makes to it to pass on to your family. A partnership would be another great option for you, but I think it could be difficult to find a buyer or lessor interested in that option. I think you could market the property as one of the first two options and pitch prospects on a partnership with a discounted sale/lease price comparable to a proposed amount of equity in the company.
Apr 18, 2016