100 Woodruff Rd - Office FOR SALE


Simpsonville, SC 29681
$1,440,000 USD
310-955-1774
100 Woodruff Rd, Simpsonville, SC for Sale
$1,440,000 USD
Office - FOR SALE
1/3
null | 8% Cap Rate

100 Woodruff Rd
Simpsonville, SC 29681


OVERVIEW

Smile Doctors – With over 450 locations, Smile Doctors is the largest orthodontic operator across the country. Like other DSOs, they grow their network of practices by acquiring existing and established practices. The practice at this location has been operating and serving patients in the greater Greenville MSA since 2011. $187 Billion Industry — Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually. Location Commitment — After purchasing this practice in 2019, Smile Doctors just renewed their lease again in 2024, demonstrating a commitment to this location and providing confidence in their success at this clinic. investment Booming Surrounding Retail Corridor — The property sits in a retail corridor that’s home to Publix, Food Lion, Lowes Foods, and dozens of other national tenants. Specialized Use & Tenant Investment in Location — It is costly for dental and orthodontic practices to relocate due to having one of the highest build-out costs across all medical specialties. Practices also tend to stay put due to the difficulty in retaining the same patients after moving. High Traffic Thoroughfare — Woodruff Rd is a major artery in the Greenville MSA and sees over 21,000 cars per day in front of the property. Robust and Favorable Demographics — The 5, 3, and 1-mile average household income levels are all over $115,000. 113,000 residents live within a 5-mile radius. The area has a very strong projected population growth rate of 2.0% annually over the next five years. Broker of Record Kyle Matthews License No. 22684 (SC)

FOR SALE DETAILS

PRICE

$1,440,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SMILE DOCTORS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,396 SF

ZONING

POD

APN/PARCEL ID

0531.18-01-001.00

ASK ABOUT THIS PROPERTY

Thor St JohnMatthews Real Estate Investment ServicesMore Info
310-955-1774

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Thor St JohnMatthews Real Estate Investment ServicesMore Info
310-955-1774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.