910 Iowa Ave - Office FOR SALE
Wisconsin Dells, WI 53965 |
910 Iowa Ave
Wisconsin Dells, WI 53965
HIGHLIGHTS
- Tenant Investment in Location - Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients
- Scheduled Rental Increases - 1.00% annual rental increases provide a future landlord with a boost in cash flow and return on their investment
- Growing Business Model in Healthcare - In 2017, 7.4% of dental practices were affiliated with a dental support organization.
- Well Recognized National Tenant - Midwest Dental is an affiliate of Smile Brands. Smile Brands is one of the largest DSOs in the USA with over 700 loc
- Recent Lease Extension - Midwest Dental exercised a 5 year extension in October 2022 showing their long-term commitment to the location
- Healthcare Real Estate - Healthcare properties are extremely sought-after investments for their resistance to recessions and e-commerce
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Midwest Dental
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
5104
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.27 AC AC
LAND SF
11,848 SF
ZONING
-
APN/PARCEL ID
11291-1155.01
