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MB2 Dental

3390 S 27th Street, Abilene, TX, 79605
For Sale

Property Details

  • Price: $693,000
  • Property Type: Retail
  • Availability: Recently Sold
  • Transaction Type: For Sale
  • Cap Rate: 6.50%
  • Lot Size: 0.54 AC
  • Property Sub Type: Health Care
  • Sale Type: Retail
  • Lease Type: NNN
  • Lease Term: 9 years
  • Year Built: 1989
  • Parking: 7
  • Tenancy: Single Tenant
  • Available SF: 1,712 SF
  • Year Renovated: 2021

Property Description

SECURE STREAM OF INCOME

  • Recently Executed 10-Year Extension – Over 9 years remaining on base term, MB2 acquired practice in 2021
  • NNN Lease with Minimal Landlord Responsibilities – Rare 2% annual increases
  • Corporate Guaranteed Lease with MB2 – 700+ locations in 43 states with 1,500+ doctors included in the dental partnership organization
  • MB2 Featured on Inc. 5,000 List of Fastest Growing Private Companies for Fifth Time (2024) – Added 450 locations and grown by more than 30% per year since 2021
  • MB2 is the Largest Dental Partnership Organization (DPO) in the U.S. – Valued in excess of $3.5 billion at 2024

PROXIMITY

  • 116,924 Residents in Primary Trade Area – Daytime population of 122,498
  • 2.5 Miles to 681k SF Mall of Abilene –Abilene’s premier shopping and dining destination anchored by Hendrick Medical Center, Best Buy and Ulta
  • Minutes to Dyess Air Force Base – Home to 5,000 military/civilians, 8,000 family members/ retirees, with an economic impact of nearly $450 million
  • Abilene is Home to Abilene Christian University – Hardin-Simmons University and McMurray University, 6,077 combined students enrolled

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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