Milad Akrami, Sales Representative - Akrami Real Estate Inc

$399,000

Available - For Sale

Listing ID: W13594048

Exceptional opportunity to acquire a fully built-out, dental facility.This facility is being sold strictly as a physical asset (equipment and leaseholds), making it perfect for an established dentist looking to expand or a specialist seeking a prime, fully compliant location with free parking. Featuring 6 equipped operatories, sterilization area, laboratory, 2 private offices, staff room, and a dedicated panoramic X-ray room. Renovation in 2022 and 2023 includs upgraded plumbing, wiring, cabinetry, new dental lights, and a reverse osmosis water filtration system. Professionally appraised at $444,900 in total tangible asset value ($331,150 in leasehold improvements, $110,000 in clinical equipment, and $3,750 in admin assets). Long-Term Tenure: Current lease term is secured through August 20, 2034, with two additional 5-year renewal options. The lease contains an exclusivity clause. Expansion Potential: Includes a "Right of First Refusal" to lease adjacent spaces at the current base rent if they become vacant. Base rent $20.00/sf ($3,345.00/month plus TMI), with scheduled step-ups to $25/sf in 2027 and $30/sf in 2030.

Price	$399,000
Taxes:	$1.00
Tax Type:	N/A
Occupancy:	Vacant
Province/State:	Halton
Directions/Cross Streets:	Speers/Fourth Line

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Level

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Category:	Office
Use:	Medical/Dental
Building Percentage:	F
Total Area:	2007.00
Total Area Code:	Square Feet
Office/Appartment Area:	2007
Office/Appartment Area Code:	Sq Ft

Sprinklers:	No
Washrooms:	0
Heat Type:	Gas Forced Air Open
Central Air Conditioning:	Yes

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

SUTTON GROUP-ADMIRAL REALTY INC.

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Milad Akrami

Sales Representative

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647-678-7799

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647-678-7799

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Type:	Com - Office
Area:	Halton
Municipality:	Oakville
Neighbourhood:	1020 - WO West
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Lot Size:	x 0.00(Feet)
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Tax:	$1
Maintenance Fee:	$0
Beds:	0
Baths:	0
Garage:	0
Fireplace:	N
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