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213 Bulifants Blvd STE E, Williamsburg, VA, 23188

GPS Dental
$1,100,000

Key Information

Cap Rate
7.49%
Tot. SF
3,200
Year Built
2006
Term Remaining
8.98
Type
Healthcare
NOI
$82,400

Highlights

Property Highlights

  • Healthcare properties remain highly sought-after due to their resilience during economic downturns and insulation from e-commerce disruption.
  • The property is secured by a long-term, triple-net lease with approximately ±8.98 years of remaining term, offering passive income and minimal landlord responsibilities.
  • The lease includes fixed 3% annual rent escalations, providing consistent income growth and a built-in hedge against inflation.
  • With a stable tenant, long lease term, and passive lease structure, the asset is well-suited for investors seeking a replacement property under a 1031 exchange.
  • The practice is operated by three dentists, a characteristic often associated with high patient volume and strong operating performance.
  • The global dental market is valued at $44.33 billion in 2025 and projected to grow to $121.36 billion by 2034, representing a robust 11.84% CAGR (source: Towards Healthcare).

Location Highlights

  • Strategically located within a concentrated medical corridor and in proximity to major retail anchors including Walmart, Lowe’s, Chick-fil-A, IHOP, and Starbucks, enhancing daily traffic and visibility.
  • Situated near Sentara Williamsburg Regional Medical Center, a 145-bed acute care facility offering a full spectrum of services including emergency, surgical, maternity, and mental health care, further reinforcing the site’s positioning within a healthcare-centric environment.
  • The property is supported by a population exceeding 120,550+ residents within a ±10-mile radius and an average household income (AHHI) above $138,759 indicating strong consumer purchasing power.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203