1004 N Gilbert St | Danville, IL 61832
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- LoopNet Team
1004 N Gilbert St
Danville, IL 61832
Midwest Dental · Health Care Property For Sale · 1 Bed
Investment Highlights
- Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients
- Recent Lease Extension – Midwest exercised their first five-year option commencing at the end of 2022 showing their long-term commitment
- Recent Renovations – The interior of the property was renovated this year (2023). This includes upgraded cabinets, desks, counters, and fresh paint.
- Growing Business Model – In 2017, 7.4% of dental practices were affiliated with a dental support organization.
- Hospital Proximity – The site is located across the street from a general hospital.
- Smile Brands Affiliate – Midwest Dental is an affiliate of Smile Brands. Smile Brands is a DSO that currently has over 700 locations
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 1 |
| Lot Size | 0.18 AC | No. Stories | 1 |
| Building Size | 4,800 SF | Year Built/Renovated | 1990/2023 |
| Property Type | Health Care |
| Lot Size | 0.18 AC |
| Building Size | 4,800 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2023 |
PROPERTY TAXES
| Parcel Number | 23-05-108-025 | Improvements Assessment | $111,817 |
| Land Assessment | $8,436 | Total Assessment | $120,253 |
PROPERTY TAXES
Parcel Number
23-05-108-025
Land Assessment
$8,436
Improvements Assessment
$111,817
Total Assessment
$120,253
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