Listed by Phoenix Commercial Advisors
$2,115,000
Benevis Dorsett Dentistry
Details
Property Type Retail
Sub Type Freestanding
Square Footage 7,640
Cap Rate 6.50%
NOI $137,520
Occupancy 100%
Tenancy Single
Brand/Tenant Benevis
Lease Type Absolute NNN
Remaining Term 2.7
Year Built 2007
Acreage 0.880
Investment Type Net Lease
Rent Commencement 07/31/2007
Benevis Dentist | Absolute NNN Investment
Marketing description
Benevis Dorsett Dentistry | 6.50 Cap | 7,640 SF | Absolute NNN
Benevis Dorsett Dentistry is located along 6th Avenue; situated on the west side; just north of Interstate 10
Investment highlights
- Long dental operating history at the location of 17.5 years
- Outparcel to a grocery anchored center with other co-tenants including Wingstop, Little Caesars, T-Mobile, Rent-A-Center, Title Max and Jackson Hewitt
- Absolute NNN lease offering a hands-off investment for an investor
- Recent capital work includes parking lot reseal and stripe and paint
- Benevis has 120 supported offices in 13 states and Washington D.C. serving over 600,000 patients during 1.4 million visits
- Less than ¼ mile from Interstate 10 with over 127,000 VPD
- Less than ½ mile from the Tucson VA Medical Center with 295 beds
- Surrounding retailers in the retail corridor include Costco, Walmart, El Super, Planet Fitness, Curacao, Dave & Busters, McDonald’s
- Located just 3 miles from the University of Arizona with over 53,000 students and 5,200 staff
- Located within a ±15 minute drive from the top 10 employers in Tucson
Listing Contacts
Listed by Phoenix Commercial Advisors
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$137,520.00
$11,460.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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