Dental Office for Sale / Lease

Office for Sale
Catylist Listing ID: 30626463
Property Subtypes: Medical, Office Building
Building Size (RSF): 4,056 SF
Gross Land Area: 0.40 Acres
Sale Price: $645,000
Unit Price: $159.02 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2020

Overview / Comments

This property has been recognized in the community as a dental destination for 38 years – since July 1982. It has a long-term presence to the surrounding population. Demographics from the current practice's client database show patients visiting this dentist office from a ~19 mile radius. This property offers excellent positioning for continued dental occupancy.

The building is located on HWY 11E, the main thorough-fare for Jefferson City, with great accessibility to the two lane highway via a turning lane on the median directly at the property entrance.

AADT on HWY 11-E was 18,520 in 2018.
The current dental practice has a lease extension through April 2021.

This established dental location has great accessibility and is in a high traffic section of Jefferson City. The property was renovated in 2007/2008 and the ground floor has 6 treatment operatory rooms, 2 sterilization areas (equipped for both dentists & hygienists), 1 dental technician laboratory, 2 offices, and 2 public restrooms. The upstairs has a break room, storage area, and full bathroom.

The owner has identified an opportunity to add 3 more operatories on the ground floor by relocating the offices to the 2nd floor. Equipment is not included with the property, but may be negotiable. The infrastructure (such as for suction, water, air) remains. The parcel has 21 parking spaces.

Attachments & Media

Additional Details

Nearest MSA: Morristown
County: Jefferson
Tax ID/APN: 045023E B 02502
Number of Stories: 2
Year Built: 1991
Year Renovated: 2008

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,857 11,935 24,709
Median Age: 25.45 34.73 38.82
Households: 1,221 4,455 9,401

Contact

Photograph of Listing Agent

Andrew Wilmoth

Avison Young KAAR CIE Member
Photograph of Listing Agent

John M Adams III, CCIM SIOR

Avison Young KAAR CIE Member
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