2193 Village Mall Dr - Medical FOR SALE


Mansfield, OH 44906
$809,348 USD
310-955-1774
2193 Village Mall Dr, Mansfield, OH for Sale
$809,348 USD
Medical - FOR SALE
1/4
null | 6.75% Cap Rate

2193 Village Mall Dr
Mansfield, OH 44906


HIGHLIGHTS

  • HEARTLAND DENTAL – Heartland is the country’s largest network of dental practices with over ±1,800 locations, ±2,800 doctors, and ±20,000 employees.
  • $187 BILLION INDUSTRY – Dentistry is one of the largest industries in healthcare and grows by an average of ±5.3% annually.
  • LOCATION COMMITMENT – Heartland purchased the business at this location in 2010 and has had multiple lease renewals.
  • ENTRY-LEVEL NET LEASE OFFERING – The property offers investors the opportunity to acquire a long-term NNN lease with a national tenant under ±$1M.
  • ADVANTAGEOUS PER/SF METRICS – At a price of just ±$302 per square foot, the property is offered below replacement cost.
  • STRONG HISTORICAL OCCUPANCY – The property has been operating as a dental practice for ±22 years, providing a buyer with a high level of comfort with

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

$809,348 USD

PRICE/SF

$226 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HEARTLAND DENTAL

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,065 SF

ZONING

-

APN/PARCEL ID

038-60-175-12-010

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.