6411 River Crossings, Sylvania, OH 43560
For Sale
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This exceptional investment opportunity presents a 2,972 square foot medical office building in Sylvania, Ohio, currently leased to Affordable Dentures and Implants under a Net Net Net (NNN) lease. The property boasts a 7.00% cap rate and a substantial $59,190 annual net operating income (NOI). The lease, with a corporate guarantee, extends until November 30, 2030, providing a secure, long-term investment. Built in 2002, this fee-simple property sits on a 0.56-acre lot and includes 40 parking spaces. The tenant, with over 425 locations nationwide, recently signed a 5-year lease extension with a 10% rent increase commencing in 2025, projecting a NOI of $61,424. A new HVAC system was installed in 2022. The property is strategically located in a thriving medical and retail corridor, experiencing high vehicular traffic (22,112+ vehicles per day), and serves a substantial population (117,364 within a five-mile radius) with a high average household income ($99,877 within one mile). The asking price is $845,571, translating to $284.51 per square foot. This is a rare opportunity to acquire a stable, high-performing medical office investment with significant upside potential.
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Affordable Dentures & Implants Dental Office
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Dr. Larry A. Mclaughlin, DDS Dental Office
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Ruby E. Fifer, DDS, FICOI, FAAIP - Affordable Dentures & Implants Dental Office
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Affordable Dentures: Walton Joseph B DDS Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
31-B2 · Sylvania, OHSylvania. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.