700 Thurston St - Medical FOR SALE
Defiance, OH 43512 |
$528,253 USD
773-219-0964
700 Thurston St
Defiance, OH 43512
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 Execution: 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.
- 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
FOR SALE DETAILS
PRICE
$528,253 USD
PRICE/SF
$184 USD /SF
CAP RATE
9.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SMILE DOCTORS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1967
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,405 SF
ZONING
-
APN/PARCEL ID
B01-2096-0-011-00,B01-2096-0-012-00
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773-219-0964
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773-219-0964
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