American Dental Concepts | 61 S Black Horse Pike
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
American Dental Concepts 61 S Black Horse Pike
8,000 SF 100% Leased Office Building Blackwood, NJ 08012 $1,100,194 ($138/SF) 7.75% Cap Rate
Investment Highlights
- Single tenant double net lease: Dental Solutions, strategically situated on the bustling Black Horse Pike with a daily traffic count of 14,000 vehicle
- Established dental investment opportunity with a robust operating history spanning over 18 years
- Limited landlord responsibility under a double net lease, with recent roof replacement in 2020, offering investors a solid passive investment opportun
- Prime location in downtown Blackwood, an affluent and densely populated submarket of Philadelphia, boasting 69,000 residents with an average household
- Secured by a corporate-backed lease guarantee from Dental Care Alliance, a Sarasota-based Dental Support Organization (DSO)
- The short remaining lease term presents an advantageous opportunity for new investors to negotiate an extension and secure the tenant on a fresh lease
Executive Summary
MSC Retail is excited to present an exceptional investment opportunity encompassing two single-tenant net lease dental
properties in Southern New Jersey. These properties, both operated by Dental Solutions, are part of a 13+ unit dental network spanning the Philadelphia region. Owned by Dental Care Alliance, a Sarasota-based Dental Support Organization (DSO) with a vast network of over 400 practices across 22 states, both properties boast a corporate-backed lease guarantee from the DSO. With short remaining lease terms on both properties, a new owner has the advantageous opportunity to negotiate lease extensions and cultivate long-term relationships with the tenant in the years ahead. Strategically situated in affluent and densely populated suburbs of Southern New Jersey,
these properties offer investors prime real estate assets with a dominant tenant presence. Dental practices represent enduring investments due to the high costs and complexities associated with relocating practices and client bases. The strategic positioning of both
properties in affluent and densely populated areas of South Jersey presents investors with a genuine opportunity to acquire valuable real estate assets with a dominant tenant presence in markets where income-producing properties are
scarce.
properties in Southern New Jersey. These properties, both operated by Dental Solutions, are part of a 13+ unit dental network spanning the Philadelphia region. Owned by Dental Care Alliance, a Sarasota-based Dental Support Organization (DSO) with a vast network of over 400 practices across 22 states, both properties boast a corporate-backed lease guarantee from the DSO. With short remaining lease terms on both properties, a new owner has the advantageous opportunity to negotiate lease extensions and cultivate long-term relationships with the tenant in the years ahead. Strategically situated in affluent and densely populated suburbs of Southern New Jersey,
these properties offer investors prime real estate assets with a dominant tenant presence. Dental practices represent enduring investments due to the high costs and complexities associated with relocating practices and client bases. The strategic positioning of both
properties in affluent and densely populated areas of South Jersey presents investors with a genuine opportunity to acquire valuable real estate assets with a dominant tenant presence in markets where income-producing properties are
scarce.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
1950/2007
Price
$1,100,194
Price Per SF
$138
Cap Rate
7.75%
NOI
$85,265
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,000 SF
Slab To Slab
10’
Building FAR
0.37
Lot Size
0.50 AC
Zoning
C - Commercial
Parking
24 Spaces (1.88 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 15-11701-0000-00019 | Improvements Assessment | $216,400 |
| Land Assessment | $151,900 | Total Assessment | $368,300 |
PROPERTY TAXES
Parcel Number
15-11701-0000-00019
Land Assessment
$151,900
Improvements Assessment
$216,400
Total Assessment
$368,300
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
American Dental Concepts | 61 S Black Horse Pike
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.