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MAD RIVER FAMILY DENTAL 7544 Dayton Springfield Rd

3,980 SF 100% Leased Office Building Fairborn, OH 45324 £582,151 (£146/SF) 8.75% Net Initial Yield

Investment Highlights

  • 10 YEAR NNN LEASE | RARE PERSONAL GUARANTY- The tenant, Mad River Family Dental, led by Dr. David Hickey, executed a new 10-year NNN lease in 2019
  • $145+ BILLION INDUSTRY | ~$300 BILLION BY 2032- The U.S. dental services market size was exhibited at $147.3 billion in 2022
  • PASSIVE LEASE STRUCTURE | IDEAL FOR 1031 EXCHANGE | BITE SIZE PRICE POINT- This NNN lease provides the owner with a virtually passive investment
  • MAD RIVER FAMILY DENTAL | 8.75% CAP RATE | HIGH YIELD INVESTMENT OPPORTUNITY- This deal is offered at an 8.75% cap rate – rare to find
  • SINGLE TENANT HEALTHCARE INVESTMENT | SPECIALTY USE | SUCCESSFUL DENTAL OPERATOR:- Medical tenants are highly sought after by investors
  • SPECIALIZED USE | HEALTHCARE TENANCY | RESISTANT ASSET CLASS- A new landlord reaps the benefits of a specialized healthcare tenancy and further layer

Executive Summary

Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,980 SF
Building Class
C
Year Built
2018
Price
£582,151
Price Per SF
£146
Net Initial Yield
8.75%
NOI
£50,938
Percent Leased
100%
Number of Floors
1
Typical Floor Size
3,980 SF
Building FAR
0.16
Lot Size
0.58 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-01000-01200-0050
Land Assessment
£4,577
Improvements Assessment
£49,193
Total Assessment
£53,770
  • Listing ID: 34135226

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 7544 Dayton Springfield Rd, Fairborn, OH 45324

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