Owner-User Austin Dental Office
Office | 2,972 SqFt
Marketing description
Matthews Real Estate Investment Services’™ Healthcare Division proudly presents a unique opportunity for qualified investors: ownership of 2007 construction, fully built out dental office. The previous tenant recently relocated to a larger location outside of Austin. This presents the opportunity for a dental owner user to acquire a location that had been consistently seeing patients since it was built 18 years ago.
Investment highlights
Turnkey Dental Office – The Property Was a Built-to-Suit Dental Office in 2007 and Is Completely Outfitted for Dental Use. The Cost of Converting an Existing Shell Space into a Dental Office Can Frequently Pass Over $200 per Square Foot.
Strong Surrounding Demographics & Growth – Austin Has Been Among the Country’s Most Popular MSAs to Invest in Over the Past Five Years. There Are Over 278,000 Residents Within a 5-Mile Radius of the Property, Which Is Projected to Grow to 304,000 by 2029.
Location Goodwill – Many Dental Offices Have Difficulty in Retaining the Same Patients After Relocating, Allowing a Future User to Operate Within a Well Known and Established Location.
Oversized Parcel – The Property Sits on an Oversize 1.14 Acre Parcel, Providing an Owner the Future Opportunity to Expand the Office or Redevelop the Property Entirely.
193/290 Interchange – The Property Benefits from Easy Access From the Nearby Highway Interchange, Allowing Patients From Further Away to More Easily Access the Location. This Provides Convenient Access for the 821,000 Residents That Live Within 10 Miles of the Property.
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