Dental Office
6750 Forest Hill Ave Richmond, VA 23225
6750 Forest Hill Ave, Richmond, VA, 23225
$1,202,000
For Sale
$1,202,000
For-sale medical office portfolio presented as the Commonwealth Dentistry Portfolio in Richmond, Virginia.
Property Size4,769 SF
Price / SF$252.04
Days on Market8
Property Features for 6750 Forest Hill Ave
General Information
- Standard status
- Active
- Size
- 4,769 SF
- Property subtype
- Single-Tenant Office Medical
Listing agency
Marcus & Millichap - Milwaukee
(262) 364-1924
Listed by
Jeff R. Rowlett · License #License(s): WI: 74743-94, IL: 471.016866
(262) 364-1924
Source
Marcusmillichap
Added: Jul 15 Checked: Jul 22 at 2:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Milwaukee
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present the Commonwealth Dentistry Portfolio for sale in Virginia.
The offering is positioned as medical office space under a dentistry-focused portfolio format. The portfolio is located at 6750 Forest Hill Ave, Richmond, VA 23225.
Details regarding the number of buildings, suites, unit mix, or interior configuration are not provided in the materials available here, and potential buyers should review the offering documentation for a complete understanding of the property and lease details.
The offering is positioned as medical office space under a dentistry-focused portfolio format. The portfolio is located at 6750 Forest Hill Ave, Richmond, VA 23225.
Details regarding the number of buildings, suites, unit mix, or interior configuration are not provided in the materials available here, and potential buyers should review the offering documentation for a complete understanding of the property and lease details.
Key Highlights
- For‑sale medical office portfolio presented as the Commonwealth Dentistry Portfolio
- Located in Richmond, Virginia
- Listing references 7.15%
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $124.2k | $26.04 |
| − Vacancy | −$10.2k | −$2.14 |
| EGI | $114.0k | $23.90 |
| − OpEx | −$45.6k | −$9.56 |
| NOI | $68.4k | $14.34 |
4,769 SF · lease $26.04/SF/yr · vacancy 8.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$977.2K
$855.0K – $1.14M
NOI $68,401 @ 7.0% cap · market cap 5.69%
Second Best
Office B
$916.0K
$801.5K – $1.07M
NOI $64,119 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.10M
$964.1K – $1.29M
NOI $77,126 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commonwealth Dentistry Specialty
Dental Office
Mark Beltrami DDS
Dental Office
Dixon Bryan DDS
Dental Office
Commonwealth Dentistry
Dental Office
Johns Marie
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Scot Weakland's Mobile Vet — 3341 Pinebrook Dr, Richmond, VA 23225
FAQs
What type of property is this?
Medical Office Space - For-sale medical office portfolio presented as the Commonwealth Dentistry Portfolio in Richmond, Virginia.
Where is this medical office space located?
The property is located at 6750 Forest Hill Ave Richmond, VA.
What is the asking price?
The asking price for this property is $1,202,000.
What are key features of this property?
This property features: For‑sale medical office portfolio presented as the Commonwealth Dentistry Portfolio; Located in Richmond, Virginia; Listing references 7.15%
