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MB2 Dental 280 Burley Ave 4,907 SF Retail Building Hopkinsville, KY 42240 $1,845,000 ($375.99/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 2023 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 2023 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 NNN
Property Type
Retail
Property Subtype
Building Size
4,907 SF
Building Class
B
Year Built
2023
Price
$1,845,000
Price Per SF
$375.99
Cap Rate
6.75%
NOI
$124,515
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.79 AC
Fairly walkable
40/100
Very drivable
80/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 104-01-00-002.35 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,190,000 |
Property Taxes
Parcel Number
104-01-00-002.35
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,190,000
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MB2 Dental | 280 Burley Ave
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