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Mack Orthodontics 210 S 9th Ave 6,800 SF Office Building Eldridge, IA 52748 $1,234,424 ($181.53/SF) 8.42% Cap Rate
Investment Highlights
- Single-tenant medical office leased to Mack Orthodontics, part of Smile Doctors DSO.
- Prime Quad Cities location in growing Eldridge, IA with strong demographics.
- ±3 years remaining with two additional 5-year renewal options.
- Built-in income growth through scheduled rent escalations over the lease term.
- Strong healthcare fundamentals supported by population growth and orthodontic demand.
- 156,000+ population within 10-mile radius; avg. household income ~$97,000.
Executive Summary
Broker Of Record
Adam Marek
Pacific Realty Commercial, LLC
S44830000, F03991000 (IA)
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154 (866) 889-0550
Adam Marek
Pacific Realty Commercial, LLC
S44830000, F03991000 (IA)
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,800 SF
Building Class
B
Year Built
2000
Price
$1,234,424
Price Per SF
$181.53
Cap Rate
8.42%
NOI
$103,939
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,800 SF
Building FAR
0.26
Lot Size
0.60 AC
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 931407103 | Improvements Assessment | $581,400 |
| Land Assessment | $143,000 | Total Assessment | $724,400 |
Property Taxes
Parcel Number
931407103
Land Assessment
$143,000
Improvements Assessment
$581,400
Total Assessment
$724,400
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Mack Orthodontics | 210 S 9th Ave
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