$1,142,962 USD
773-219-0964
514 E Ireland Rd
South Bend, IN 46614
Southside South Bend
HIGHLIGHTS
- Dense Demographics – The area is densely populated, with over 358,000 residents within a 5-mile radius, ensuring a robust consumer base
- Strategic Location – The property is ideally situated directly in between multiple shopping centers and off of highway US-20.
- Absolute NNN Lease – With zero landlord responsibilities this deal is a great opportunity for an investor looking for a passive investment opportunity
- 2% Annual Rental Increases – The lease features 2% annual rent increases, providing investors with growing cash flow and a hedge against inflation.
- Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients
- Established & Growing Operator – This tenant is part of Our Best Life Companies, a rapidly expanding dental support organization (DSO)
FOR SALE DETAILS
PRICE
$1,142,962 USD
PRICE/SF
$306 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SOUTH BEND DENTAL & ORTHODONTICS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Day Care Center, Drug Store, Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2012
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.41 AC
LAND SF
18,038 SF
ZONING
-
APN/PARCEL ID
71-08-25-327-002.000-002
ASK ABOUT THIS PROPERTY
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773-219-0964
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773-219-0964
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