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MB2 Dental 234 Natchez Trace Ave 7,710 SF 100% Leased 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
Building Size
7,710 SF
Year Built
2021
Price
$2,898,000
Price Per SF
$375.88
Cap Rate
6.75%
NOI
$195,647
Percent Leased
100%
Building Height
1 Story
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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MB2 Dental | 234 Natchez Trace Ave
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