201 Van Gundy Dr - Medical FOR SALE


Bryan, OH 43506
$730,952 USD
773-219-0964
201 Van Gundy Dr, Bryan, OH for Sale
$730,952 USD
Medical - FOR SALE
1/3
null | 9.75% Cap Rate

201 Van Gundy Dr
Bryan, OH 43506


HIGHLIGHTS

  • Tenant Investment in Location: Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients
  • Growing Business Model: In 2017, 7.4% of dental practices were affiliated with a dental support organization. By 2020 this number grew to 10.4%
  • Recent Lease Extension: Smile Doctors acquired the practice in 2023 showing their long-term commitment to the location.
  • Ideal Investment: This deal has a low barrier to entry for investors because of its attractive price point and high return.
  • Streamlined Expansion: Smile Doctors expands by acquiring existing practices that are already established within the community. This allows them to qu
  • Best-in-Class Tenant: Smile Doctors is one of the most sought-after tenants in the Healthcare space, recognized as one of the largest dental companies

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$730,952 USD

PRICE/SF

$107 USD /SF

CAP RATE

9.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SMILE DOCTORS & SPECIALTY1 PARTNERS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,587 SF

ZONING

-

APN/PARCEL ID

063-180-03-007.000

ASK ABOUT THIS PROPERTY

Seamus O'BrienMatthews Real Estate Investment ServicesMore Info
773-219-0964

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Seamus O'BrienMatthews Real Estate Investment ServicesMore Info
773-219-0964

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