List Search

7197 Highbridge Rd
Fayetteville, NY 13066

$789,706 USD

Medical For Sale  •  4,200 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,800 SF
  • Lot Size 2.74 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 10.75 %
  • Tenancy Multiple
  • Zoning R1
0 Transit Score
5 Walk Score

Highlights

Tenant Investment in Location - Dental support organizations rarely relocate due to high build-out costs.
Ideal Investment- This deal has a low barrier to entry for investors because of its attractive price point and high return.
Best-in-Class Tenant- MB2 is one of the most sought after tenants in the healthcare space with over 750+ locations across 43 states.
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.
Streamlined Expansion- MB2 expands by acquiring existing practices that are already established within the community. This allows for rapid growth.
Scheduled Rental Increases- 2% annual rental increases from the office tenant provide a future owner a boost in cash flow.

Property Flyers

Cap Rate: 10.75 %

Amenities

  • Signage
  • Yard

Public Transportation

AirportDriveWalkDistance
Syracuse Hancock International 23 min - 15.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services