3701 N Everett Rd - Medical FOR SALE


Muncie, IN 47304
$464,558 USD
310-955-1774
3701 N Everett Rd, Muncie, IN for Sale
$464,558 USD
Medical - FOR SALE
1/3
null | 7.5% Cap Rate

3701 N Everett Rd
Muncie, IN 47304


HIGHLIGHTS

  • HEARTLAND DENTAL – LARGEST DENTAL OPERATOR: Heartland is the country’s largest network of dental practices with over 1,700 locations & 2,800 doctor.
  • $187 BILLION INDUSTRY: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
  • LONG-TERM LOCATION COMMITMENT: Heartland signed a 10-year lease at the location when purchasing the business in 2020.
  • BITE SIZE DEAL: The property offers investors the opportunity to acquire a long-term NNN lease with a national tenant at under $500,000.
  • ADVANTAGEOUS PER/SF METRICS: At just $15.72/SF, the rent is well below the Indiana average for dental practices.
  • STRONG HISTORICAL OCCUPANCY: The property has been operating as a dental practice for well over a decade.

OVERVIEW

Kyle Matthews License No. RC52200195 (IN) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$464,558 USD

PRICE/SF

$210 USD /SF

CAP RATE

7.5%

% 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

1994

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

18-07-31-426-020.000-003

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.