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Southern Smiles 821 School Dr 3,400 SF 100% Leased Office Building Poteet, TX 78065 $990,000 ($291.18/SF) 8% Cap Rate
Investment Highlights
- The property was completely renovated and extensively expanded onto the property in 2016.
- This practice is in the process of potential affiliation with a large dental service organization, adding substantial upside to the investment.
- The practice blends the friendliness of small-town Poteet with the modern technology you’d expect from a big city practice, giving you the best of bot
- The building is part of the greater San Antonio MSA, one of the largest growing regions in the country with 2.7 million people.
- At Southern Smiles, patients are treated like family. Their mission is simple: to provide high-quality dental care in a warm, welcoming environment.
- The practice offers a wide array of dental services including preventative dentistry, restorative dentistry, cosmetic dentistry, general dentistry.
Executive Summary
Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,400 SF
Building Class
C
Year Built/Renovated
1965/2016
Price
$990,000
Price Per SF
$291.18
Cap Rate
8%
NOI
$79,200
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,400 SF
Opportunity Zone
Yes
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Property Taxes
| Parcel Number | R30704 | Improvements Assessment | $226,270 |
| Land Assessment | $38,330 | Total Assessment | $264,600 |
Property Taxes
Parcel Number
R30704
Land Assessment
$38,330
Improvements Assessment
$226,270
Total Assessment
$264,600
Contacts
-
Antonio Diona -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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Southern Smiles | 821 School Dr
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