Dental Practice Medical
60 Gardner St Groveland, MA 01834
60 Gardner St, Groveland, MA, 01834
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For Sale
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Dental practice facility in operation for over 25 years, totaling 3,589 square feet.
Property Size3,589 SF
Price / SF$466.67
Days on Market160
Property Features for 60 Gardner St
General Information
- Standard status
- Active
- Size
- 3,589 SF
- Property subtype
- OFFICE
Listing agency
Matthews Real Estate Investment Services
(818) 923-6366
Listed by
Michael Moreno · License #180759(OK)
(818) 522-4497
Source
Moodyscre
Added: Feb 12 Updated: Jul 22 at 3:58PM Checked: Jul 22 at 3:58PM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
Groveland Family Dental Center is a dental practice medical office facility, currently operated for over 25 years. The practice is led by Dr. William Darke and supported by a team of experienced dental professionals, with services focused on advanced technologies, materials, and procedures.
The property is located at 60 Gardner St in Groveland, Massachusetts. It totals 3,589 square feet and is presented for sale with its established operating history.
For buyers and brokers evaluating a healthcare-occupied asset, this offering centers on a long-running, in-place dental practice with continuity of operations reflected in the provided remarks.
The property is located at 60 Gardner St in Groveland, Massachusetts. It totals 3,589 square feet and is presented for sale with its established operating history.
For buyers and brokers evaluating a healthcare-occupied asset, this offering centers on a long-running, in-place dental practice with continuity of operations reflected in the provided remarks.
Key Highlights
- Groveland Family Dental Center in operation for 25+ years
- Dental practice facility totaling 3,589 SF
- Established practice led by Dr. William Darke
Local Financial Insights For Office B
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 | $163.7k | $45.60 |
| − Vacancy | −$30.3k | −$8.44 |
| EGI | $133.4k | $37.16 |
| − OpEx | −$33.3k | −$9.29 |
| NOI | $100.0k | $27.87 |
3,589 SF · lease $45.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,036 @ 7.0% cap · market cap 5.97%
Second Best
Healthcare Medical
$945.8K
$827.6K – $1.10M
NOI $66,204 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,727 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Groveland Family Dental ...
Dental Office
Min Kim
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Dental practice facility in operation for over 25 years, totaling 3,589 square feet.
Where is this medical office space located?
The property is located at 60 Gardner St Groveland, MA.
What is the asking price?
The asking price for this property is $1,674,867.
What are key features of this property?
This property features: Groveland Family Dental Center in operation for 25+ years; Dental practice facility totaling 3,589 SF; Established practice led by Dr. William Darke
