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700 Thurston St
Defiance, OH 43512

$528,253 USD

Medical For Sale  •  2,874 SF

Property Details

  • Property Type Medical
  • Total Building Size 2,874 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1967
  • Cap Rate 9.50 %
0 Transit Score
60 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 %
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services