Medical For Sale • 5,362 SF
Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients |
University of Notre Dame – Notre Dame is located just 5 minutes away from the property. Notre Dame has a strong impact on the local economy |
Schools – South Bend is home to 30 schools, providing quick and easy access for one of Smile Doctors’ larger patient bases. |
Scheduled Rental Increases – 3.00% annual rental increases provide a future owner a boost in cash flow and return on their investment |
Recent Lease Renewal – Smile Doctors renewed the lease in November of 2024 showing their long-term commitment to the location. |
Strong Demographics – The site is favorably located in a heavily populated area with over 399,778 residents in a 5-mile radius. |
Cap Rate: | 8.25 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
South Bend Amtrak Station (Capitol Limited - Amtrak, Lake Shore Limited - Amtrak) | 7 min | - | 3.2 mi |
South Bend Airport Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) | 10 min | - | 4.7 mi |
Airport | Drive | Walk | Distance |
South Bend International | 19 min | - | 6.9 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 30 |
Type: | Surface |
Included in Rent: | Yes |