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515 Parkview St
Wauseon, OH 43567

$979,200 USD

Medical For Sale  •  3,784 SF

Property Details

  • Property Type Medical
  • Total Building Size 3,748 SF
  • Lot Size 0.49 AC
  • Building Class B
  • Year Built 1969
  • Cap Rate 9.50 %
  • Tenancy Single
  • Zoning B1
0 Transit Score
53 Walk Score

Highlights

Tenant Investment in Location: Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients
Growing Business Model: In 2017, 7.4% of dental practices were affiliated with a dental support organization. By 2020 this number grew to 10.4%
Recent Lease Execution: Smile Doctors acquired the practice in 2023 showing their long-term commitment to the location.
Ideal Investment: This deal has a low barrier to entry for investors because of its attractive price point and high return.
Streamlined Expansion: Smile Doctors expands by acquiring existing practices that are already established within the community
Best-in-Class Tenant: Smile Doctors is one of the most sought-after tenants in the Healthcare space, recognized as one of the largest dental companies

Property Flyers

Cap Rate: 9.50 %

Amenities

  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Eugene F Kranz Toledo Express 36 min - 19.6 mi
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services