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MB2 Dental 234 Natchez Trace Ave 7,710 SF Retail Building Bowling Green, KY 42103 $2,898,000 ($375.88/SF) 6.75% Cap Rate
Executive Summary
- Recently Executed 10-Year Extension - Nearly 8 years remaining on base term, MB2 partnered with practice in 2023
- NNN Lease with 1.5% Annual Increases - Brand new 2021 construction with minimal landlord responsibilities
- Corporate Guaranteed Lease with MB2 - 800+ locations in 43 states with 1,900+ doctors included in the dental partnership organization
- NNN Lease with 1.5% Annual Increases - Brand new 2021 construction with minimal landlord responsibilities
- Corporate Guaranteed Lease with MB2 - 800+ locations in 43 states with 1,900+ doctors included in the dental partnership organization
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,710 SF
Building Class
B
Year Built
2021
Price
$2,898,000
Price Per SF
$375.88
Cap Rate
6.75%
NOI
$195,647
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.21 AC
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 052A-20-013E | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,010,000 |
Property Taxes
Parcel Number
052A-20-013E
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,010,000
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MB2 Dental | 234 Natchez Trace Ave
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