803 Mt Home Ave
Sinking Spring, PA 19608
MERIT DENTAL · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Best-In-Class Tenant- Smile Brands Inc. is one of the largest dental support organizations in the United States. The organization was founded in 1998
- Strategic Location with High Visibility- Located just off Benjamin Franklin Hwy that sees over ±26,000 VPD, the subject property provides easy access
- Scheduled Rental Increases- 7.5% rental increases after the initial 5-year option provides future owner with a boost in cash flow
- Resistant Healthcare Investment- Medical properties are highly sought-after for their security of investment and their resistance to economic downturn
- Growth Model- Smile Brands expands by acquiring existing practices that are already successful and established within the community.
- Below Replacement Cost Offering- Interior build-out costs for dental practices frequently cost over $150/SF. At an asking price of $161/SF
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
4,963 SF
Building Class
C
Year Built
1985
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,963 SF
Building FAR
0.30
Lot Size
0.38 AC
PROPERTY TAXES
| Parcel Number | 79-4386-13-03-0944 | Improvements Assessment | $208,700 |
| Land Assessment | $45,500 | Total Assessment | $254,200 |
