Batesville Dentistry | 310 Highway 51 S
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Batesville Dentistry 310 Highway 51 S
5,000 SF Office Building Batesville, MS 38606 $1,785,714 ($357/SF) 7% Cap Rate
Investment Highlights
- Long-Term, Absolute NNN Healthcare Investment Opportunity
- 2% Annual Increases and 25 Years of Renewal Options
- Two experienced providers with seven additional staff members
- Close proximity to Panola Medical Center and complementary medical facilities
Executive Summary
Randall Commercial Group, LLC is pleased to present this medical sale leaseback opportunity in Batesville, MS. The tenant will sign a 10-year, absolute NNN lease at closing with 2% annual increases. The property is located near other essential medical offices such as Endurance Physical Therapy, RedMed Urgent Care, and the Panola Medical Center, as well as the Batesville Country Club. Batesville Dentistry's location provides excellent visibility and high traffic on Highway 51 which intersects Highway 6 at the center of Batesville. Batesville Dentistry is led by Dr. Thomas Hodge, DMD, offering general, restorative and cosmetic dentistry services to patients of all ages.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
1995
Price
$1,785,714
Price Per SF
$357
Cap Rate
7%
NOI
$125,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.25
Lot Size
0.46 AC
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Thomas Hodge DMD
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Thomas Hodge DMD | Health Care and Social Assistance | - | - | - |
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PROPERTY TAXES
| Parcel Number | 3185D0004600-0008000 | Improvements Assessment | $56,846 |
| Land Assessment | $2,944 | Total Assessment | $59,790 |
PROPERTY TAXES
Parcel Number
3185D0004600-0008000
Land Assessment
$2,944
Improvements Assessment
$56,846
Total Assessment
$59,790
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Batesville Dentistry | 310 Highway 51 S
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