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306 N Gould St, Owosso, MI, 48867

Greater Michigan Oral Surgeons & Dental Implant Center
$2,880,000

Key Information

Cap Rate
7.5%
$ per SF
$531
Tot. SF
5,419
Lot Size
0.92 Acres
Year Built
2006
Term Remaining
±9.79 YRS
Type
Healthcare
NOI
$216,000

Highlights

  • Long Term Net Lease: This property is secured by a ten-year NNN lease, with extremely minimal landlord responsibilities. It’s a great choice for investors looking for dependable income without the hassle of day-to-day management.
  • Three Percent Annual Rental Increases: The lease features three percent (3%) annual rental escalators, giving investors a hedge against inflation and consistent, predictable rent growth.
  • Attractive Average Cap Rate: The lease structure and 3 percent annual rent increases result in an average cap rate of approximately 8.47 percent over the base term of the lease, providing investors with an attractive blended yield and enhanced cash flow growth over time.
  • E-Commerce Resistant Industry: Healthcare and dental operators are not subject to the same competitive pressures faced by traditional retail tenants. Oral surgery is a highly specialized, procedure-based service that cannot be replicated online and must be performed in a licensed clinical setting.
  • Demographic and Procedure Driven Growth: Oral surgery demand is being driven by long term demographic and healthcare trends, including an aging population, rising utilization of dental implants, and increased prevalence of oral disease. These factors support sustained procedure volumes and long term demand for oral surgery services independent of economic cycles.
  • Broad, Scaled Market: The U.S. surgical dentistry market generates approximately $15 billion in annual revenue, underscoring the depth and durability of the sector. The global dental market is projected to grow from approximately $44.7 billion in 2026 to over $118 billion by 2034.
  • Limited Supply of Specialists: Oral and maxillofacial surgery is a highly specialized field with a limited and tightly controlled training pipeline. This constrained supply of specialists supports strong utilization, durable pricing, and long term stability for well located oral surgery practices.
  • High Barrier to Entry Specialty Real Estate: Oral surgery facilities require specialized buildouts, advanced imaging, and procedure rooms that are costly and difficult to replicate. This creates meaningful barriers to entry and supports long term occupancy at the property level.
  • Convenient Regional Access: Owosso is strategically located approximately 29 miles west of Flint and 32 miles northeast of Lansing, making it accessible to a broader regional population for healthcare services while maintaining a strong primary patient base.
  • Established Local Healthcare Ecosystem: Owosso is supported by a well established healthcare ecosystem anchored by Memorial Healthcare, the region’s primary hospital and largest healthcare employer serving Shiawassee County and surrounding communities.

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 6505432273, 6502432668 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203