Stats

$847,227

Asking Price

7.25%

Cap Rate

$61,424

NOI

5.5 Years

Term Lease

Highlights

Newly executed lease extension through 11/30/2030

Tenant has operated out of the location for 20+ years (build-to-suit in 2002)

Landlord installed a new HVAC system in 2022 10% rent increase beginning in 2025 - $61,424 NOI

22,112+ VPD with a 117,364 five-mile population and avg. HH Income of $99,877

Located within a strong medical/retail corridor
Tenant Proven Stickiness: 23 years in place; recently exercised option. High build-out costs and patient retention needs make relocation unlikely.

Strong Fundamentals: Recession-resistant sector, national brand tenant, and proven location.

DSO- Affiliated Brand:13% of U.S. dentists were DSOaffiliated in 2022 (up from 10.4% in 2019). 23% of dentists practicing <10 years are DSO-affiliated.

#9 location in the state

Location Map

Downloads

Affordable Dentures Sylvania OM

Team

Scott Pickett

Scott Pickett

Managing Director
Avison Young - US - OH - Columbus