Freestanding Single-Tenant Dental
For Sale
$570,000
1713 Vogt Dr, West Bend, WI 53095
Established dental facility with a standalone site and no shared parking or common areas.
Property Size3,250 SF
Days on Market49
Property Features for 1713 Vogt Dr
General Information
Standard status
Active
Size
3,250 SF
Property subtype
Retail
Building Details
Building Size
3,250 SF
Year Built
1992
Listed By:
Tanner Rosen
(262) 226-9865
Source:
Midamericagrp
Added: Aug 20
Changed: Sep 8
Last Checked: Oct 5 at 4:15PM
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 Tanner Rosen
Investment Insights
Based on property information with market context.
Freestanding dental property comprising a 3,250 square foot building on approximately 0.81 acres. Constructed in 1992, the facility has supported continuous dental use for more than 30 years and is occupied by a single tenant. The tenant occupies the full building and land, with no shared parking or common areas.
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. Convenient access to US Highway 45 connects the site with the surrounding Washington County trade area.
The tenant is Midwest Dental Care, Sheboygan, Inc., an affiliate of Smile Brands, which operates 700 plus locations across roughly 30 states. The site is within an area reporting an average household income of $107,128 within 5 miles and a daytime population of over 44,000.
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. Convenient access to US Highway 45 connects the site with the surrounding Washington County trade area.
The tenant is Midwest Dental Care, Sheboygan, Inc., an affiliate of Smile Brands, which operates 700 plus locations across roughly 30 states. The site is within an area reporting an average household income of $107,128 within 5 miles and a daytime population of over 44,000.
Key Highlights
- 3,250 square foot freestanding dental building on approximately 0.81 acres
- Continuous dental use at the site for over 30 years
- Single tenant occupies the entire building and land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,210
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,200
$924.2K
Cap Rate 7%
$660,143
$660.1K
Cap Rate 9%
$513,444
$513.4K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$80.7K $24.84/SF
− Vacancy
−$19.1K −$5.88/SF
EGI
$61.6K $18.96/SF
− OpEx
−$15.4K −$4.74/SF
NOI
$46.2K $14.22/SF
Area
Washington County, WI
Vacancy
23.68%
Lease Rate
$24.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,200
Cap Rate 7%
$660,143
Cap Rate 9%
$513,444
Alternative Uses
Best Use
Office B
$660.1K
$577.6K – $770.2K
NOI $46,210 @ 7.0% cap · market cap 8.11%
Second Best
Healthcare Medical
$605.5K
$529.8K – $706.4K
NOI $42,383 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$893.5K
$781.8K – $1.04M
NOI $62,543 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Explore this area
Business Placement
Demographics for 53095, WI
27,269
Population
12,741
Households
2.1
Avg Household Size
45
Median Age
32%
College-Educated
96%
High-School Grad
70.4 sq mi
ZIP Area
387
Density / Sq Mi
$82,219
Median Household Income
$49,779
Median Earnings
$1,015
Median Rent
$286,500
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Established dental facility with a standalone site and no shared parking or common areas.
Where is this nnn property located?
The property is located at 1713 Vogt Dr West Bend, WI.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: 3,250 square foot freestanding dental building on approximately 0.81 acres; Continuous dental use at the site for over 30 years; Single tenant occupies the entire building and land
