7197 Highbridge Rd | Fayetteville, NY 13066
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- LoopNet Team
7197 Highbridge Rd
Fayetteville, NY 13066
CMP DENTAL ARTS (MB2) · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant Investment in Location - Dental support organizations rarely relocate due to high build-out costs.
- Best-in-Class Tenant- MB2 is one of the most sought after tenants in the healthcare space with over 750+ locations across 43 states.
- Streamlined Expansion- MB2 expands by acquiring existing practices that are already established within the community. This allows for rapid growth.
- Ideal Investment- This deal has a low barrier to entry for investors because of its attractive price point and high return.
- Value Add Opportunity- The apartment lease is set to expire in less than a year, offering the potential to adjust the rental rate to a higher level.
- Scheduled Rental Increases- 2% annual rental increases from the office tenant provide a future owner a boost in cash flow.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
6,800 SF
Building Class
B
Year Built
1980
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,800 SF
Building FAR
0.06
Lot Size
2.78 AC
Zoning
R1 - residential
Parking
14 Spaces (2.06 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Yard
PROPERTY TAXES
| Parcel Number | 313889-093-000-0001-047-000-0000 | Improvements Assessment | $422,300 |
| Land Assessment | $182,700 | Total Assessment | $605,000 |
PROPERTY TAXES
Parcel Number
313889-093-000-0001-047-000-0000
Land Assessment
$182,700
Improvements Assessment
$422,300
Total Assessment
$605,000
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