950 High St - Medical FOR SALE


Wadsworth, OH 44281
$2,056,000 USD
980-498-3293
950 High St, Wadsworth, OH for Sale
$2,056,000 USD
Medical - FOR SALE
1/3
null | 7.5% Cap Rate

950 High St
Wadsworth, OH 44281


HIGHLIGHTS

  • NATION’S LARGEST DENTAL SUPPORT ORGANIZATION
  • INDUSTRY-LEADING SCALE & MARKET POSITION
  • MEDINA COUNTY
  • STEADY LONG-TERM POPULATION GROWTH
  • PURPOSE-BUILT DENTAL FACILITY
  • NORTHEAST OHIO REGIONAL CONNECTIVITY

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to offer for sale Heartland Dental, a 4,903-square-foot net-leased medical asset located at 950 High Street in Wadsworth, Ohio. The property is leased to Heartland Dental, LLC, the nation’s largest dental support organization, under a corporate-guaranteed NN lease with approximately 4.2 years of remaining primary term. The lease features attractive 10% rental increases every five years throughout the renewal options, providing investors with contractual income growth and long-term cash flow visibility. Constructed in 1974 as a purpose-built dental facility, the property occupies a highly visible position along High Street (State Route 94), Wadsworth’s primary commercial corridor, which carries approximately 26,600 vehicles per day. The asset benefits from strong surrounding retail fundamentals, including nearby Walmart Supercenter, Aldi, Starbucks, McDonald’s, Wendy’s, Home Depot, and numerous national retailers that drive consistent consumer traffic to the corridor. Located approximately 12 miles southwest of Akron and 38 miles south of Cleveland, Wadsworth is one of Northeast Ohio’s most desirable suburban communities and serves as a major residential and service hub within affluent Medina County. Supported by strong household incomes, continued residential growth, and convenient access to the broader Akron-Cleveland metropolitan area, Heartland Dental offers investors the opportunity to acquire a well-located healthcare asset leased to an industry-leading operator in one of Ohio’s strongest suburban markets.

FOR SALE DETAILS

PRICE

$2,056,000 USD

PRICE/SF

$428 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental - Wadsworth, OH

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,195 SF

ZONING

-

APN/PARCEL ID

040-20A-04-049

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.