Smile Doctors | 2500 Military Rd
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Smile Doctors 2500 Military Rd
3,500 SF 100% Leased Office Building Columbus, MS 39705 $1,286,910 CAD ($368 CAD/SF) 8.12% Cap Rate
Investment Highlights
- High Quality Construction Office — Smile Doctors’ condo is within a 2005 construction property. The building is 20,000 SF and 100% leased
- Ideal Target Market for Smile Doctors — The property provides immediate access to recurring patient bases for Smile Doctors
- Hwy-82 — Markets like Columbus pull patients from as far as 40 miles away from the property.
- Sticky Investment — Dental practices rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving
- Ideal 1031 Exchange Property — With a long-term, passive lease, this property is ideal for buyers in a 1031 exchange
Executive Summary
Broker of Record | Phillip Carpenter | License No. 18906 (MS) | (601) 957-100 | Carpenter Properties, Inc. | 1437 Old Square Road, Suite 104 Jackson, MS 39211
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,500 SF
Building Class
C
Year Built
2005
Price
$1,286,910 CAD
Price Per SF
$368 CAD
Cap Rate
8.12%
NOI
$104,517 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,000 SF
Building FAR
0.04
Lot Size
2.00 AC
Parking
10 Spaces (2.86 Spaces per 1,000 SF Leased)
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Smile Doctors | 2500 Military Rd
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