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CMP DENTAL ARTS (MB2) 7197 Highbridge Rd

6,800 SF 100% Leased Office Building Fayetteville, NY 13066 $1,119,385 CAD ($165 CAD/SF) 10.75% Cap Rate

Investment Highlights

  • Tenant Investment in Location - Dental support organizations rarely relocate due to high build-out costs.
  • Best-in-Class Tenant- MB2 is one of the most sought after tenants in the healthcare space with over 750+ locations across 43 states.
  • Streamlined Expansion- MB2 expands by acquiring existing practices that are already established within the community. This allows for rapid growth.
  • Ideal Investment- This deal has a low barrier to entry for investors because of its attractive price point and high return.
  • 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.
  • Scheduled Rental Increases- 2% annual rental increases from the office tenant provide a future owner a boost in cash flow.

Executive Summary

Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,800 SF
Building Class
B
Year Built
1980
Price
$1,119,385 CAD
Price Per SF
$165 CAD
Cap Rate
10.75%
NOI
$120,334 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,800 SF
Building FAR
0.06
Lot Size
2.74 AC
Zoning
R1 - residential
Parking
14 Spaces (2.06 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Yard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
313889-093-000-0001-047-000-0000
Land Assessment
$226,543 CAD
Improvements Assessment
$505,017 CAD
Total Assessment
$731,560 CAD
  • Listing ID: 34149612

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 7197 Highbridge Rd, Fayetteville, NY 13066

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