7197 Highbridge Rd - Medical FOR SALE
Fayetteville, NY 13066 |
$789,706 USD
773-219-0964
7197 Highbridge Rd
Fayetteville, NY 13066
HIGHLIGHTS
- Tenant Investment in Location - Dental support organizations rarely relocate due to high build-out costs.
- Ideal Investment- This deal has a low barrier to entry for investors because of its attractive price point and high return.
- Best-in-Class Tenant- MB2 is one of the most sought after tenants in the healthcare space with over 750+ locations across 43 states.
- Value Add Opportunity- The apartment lease is set to expire in less than a year, offering the potential to adjust the rental rate to a higher level.
- Streamlined Expansion- MB2 expands by acquiring existing practices that are already established within the community. This allows for rapid growth.
- Scheduled Rental Increases- 2% annual rental increases from the office tenant provide a future owner a boost in cash flow.
FOR SALE DETAILS
PRICE
$789,706 USD
PRICE/SF
$116 USD /SF
CAP RATE
10.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CMP DENTAL ARTS (MB2)
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Fast Food, Health Club, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
2.74 AC
LAND SF
119,354 SF
ZONING
R1
APN/PARCEL ID
313889-093-000-0001-047-000-0000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
773-219-0964
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
773-219-0964
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
