Single-Tenant Office Medical
Commonwealth Dentistry
40 Joshua Ln, Palmyra, VA 22963
Listing Price: $945,000
Cap Rate
7.15%
Tenant Name
Commonwealth Dentistry
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
3,349
Lease Type
Double Net
Rent Per Square Feet
$20.17
Investment Overview
Marcus & Millichap is pleased to present for sale the Commonwealth Dentistry Portfolio located in Virginia.
Investment Highlights
- Portfolio of Seven Single-Tenant Commonwealth Dentistry Locations in Virginia
- Double Net Lease Through July 2033 with Annual 2.5 Percent Rent Increases
- Corporate Guarantee: 60 Plus Locations in Three States
- Over 14,000 Residents within Five Miles with Average Household Income of $123,588
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Financing By
Listing Price: $945,000
Cap Rate
7.15%
Tenant Name
Commonwealth Dentistry
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
3,349
Lease Type
Double Net
Rent Per Square Feet
$20.17
Investment Highlights
- Portfolio of Seven Single-Tenant Commonwealth Dentistry Locations in Virginia
- Double Net Lease Through July 2033 with Annual 2.5 Percent Rent Increases
- Corporate Guarantee: 60 Plus Locations in Three States
- Over 14,000 Residents within Five Miles with Average Household Income of $123,588
Investment Overview
Marcus & Millichap is pleased to present for sale the Commonwealth Dentistry Portfolio located in Virginia.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Financing By