alt
alt
alt
alt
alt
View All

For Sale

Midwest Dental

1713 Vogt Dr,
West Bend, WI 53095

Asset Snapshot

1992
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

Mid-America Real Estate - Wisconsin, LLC is pleased to exclusively offer for sale a freestanding, single tenant Midwest Dental building located at 1713 Vogt Drive in West Bend, Wisconsin. The 3,250 square foot building sits on approximately 0.81 acres and is leased to Midwest Dental Care, Sheboygan, Inc., an affiliate of Smile Brands. At $39,690 per year, or $12.21 per square foot, the rent sits well below market for a freestanding dental building, sharply reducing re tenanting risk and creating meaningful mark to market upside for a future owner. The property has operated continuously as a dental practice for over 30 years, dating back to its original construction in 1992. This long standing history demonstrates deep entrenchment at the location, an established and loyal patient base, and strong market familiarity within the West Bend community. The property is positioned in West Bend's primary retail and healthcare corridor, just north of Walmart and directly east of the West Bend Health Center, with convenient access to US Highway 45. The surrounding area is anchored by national retailers, medical users, and established residential neighborhoods within an affluent Washington County trade area.


Investment Highlights

  • Low rent basis of $39,690 per year, or $12.21 per square foot, well below market for a freestanding dental building, which limits downside and creates mark to market upside
  • Over 30 years of continuous dental use at the site, proving deep tenant entrenchment, an established patient base, and strong market familiarity
  • Leased to Midwest Dental Care, Sheboygan, Inc., an affiliate of Smile Brands, one of the largest dental support organizations in the country with 700 plus locations across roughly 30 states
  • Freestanding single tenant building on approximately 0.81 acres, occupying the entire building and land with no shared parking or common areas
  • NN lease structure with limited landlord responsibilities, delivering a clean and management light ownership profile
  • Located in West Bend's primary retail and healthcare corridor, just north of Walmart and directly east of the West Bend Health Center, with convenient access to US Highway 45
  • Affluent Washington County trade area with average household income of $107,128 within 5 miles and a daytime population of over 44,000
  • West Bend is the county seat of Washington County and a primary retail, employment, and healthcare hub for the northern Milwaukee metro

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$570,000
Asking Price