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Smile Doctors 2500 Military Rd

3,500 SF 100% Leased Office Building Columbus, MS 39705 $905,000 ($259/SF) 8.12% Cap Rate

Medical Offices Mississippi Columbus 2500 Military Rd, Columbus, MS 39705

Investment Highlights

  • High Quality Construction Office — Smile Doctors’ condo is within a 2005 construction property. The building is 20,000 SF and 100% leased
  • Ideal Target Market for Smile Doctors — The property provides immediate access to recurring patient bases for Smile Doctors
  • Hwy-82 — Markets like Columbus pull patients from as far as 40 miles away from the property.
  • Sticky Investment — Dental practices rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving
  • Ideal 1031 Exchange Property — With a long-term, passive lease, this property is ideal for buyers in a 1031 exchange

Executive Summary

Broker of Record | Phillip Carpenter | License No. 18906 (MS) | (601) 957-100 | Carpenter Properties, Inc. | 1437 Old Square Road, Suite 104 Jackson, MS 39211

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,500 SF
Building Class
C
Year Built
2005
Price
$905,000
Price Per SF
$259
Cap Rate
8.12%
NOI
$73,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,000 SF
Building FAR
0.04
Lot Size
2.00 AC
Parking
10 Spaces (2.86 Spaces per 1,000 SF Leased)

Links

1 of 1
(310) 955-1774

Contacts

  • Listing ID: 26479180

  • Date on Market: 7/28/2022

  • Last Updated:

  • Address: 2500 Military Rd, Columbus, MS 39705

More public record information on 2500 Military Rd, Columbus, MS 39705

The Office Property at 2500 Military Rd, Columbus, MS 39705 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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Smile Doctors | 2500 Military Rd
(310) 955-1774 x

Smile Doctors | 2500 Military Rd

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Thor St John

(310) 955-1774

(310) 955-1774

Michael Moreno

(949) 432-4511

(949) 432-4511

Rahul Chhajed

(818) 434-1106

(818) 434-1106

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