Tamarac dental space for rent fits 4 chairs

Tamarac, FL

$2,775/mo

Listing ID

FL3146

Asking Price

$2,775/mo.

Operatories

4 Ops

Floor Space

1,261 sqft

Details SOLD

Tamarac, on University Drive, near Coral Springs, 1,300 SF dental space with capacity for up to four chairs and room for further expansion. For rent: $22 per SF per year, plus CAM and sales tax. The space will be delivered fully refurbished; simply install the dental chairs, bring your equipment, and open the door to start seeing patients. There is no comparable opportunity in the area. Act quickly, as this opportunity won’t last.

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Acquisition Price

The total purchase price of the practice.

Down Payment

Cash contribution towards the purchase.

Loan Amount

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Rate (%)

Estimated annual interest rate. Current commercial practice rates typically range from 7-9%.

Term (Yrs)

The amortization period of the loan. 10 years is standard for practice acquisitions.

Collections

The annual gross revenue collected by the practice before any expenses.

$800k

Overhead %

Total operating expenses expressed as a percentage of revenue. Typically 55-65% for general practices.

60%

Personal Annual Debt

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Est. Monthly Payment

$9,100/mo

DSCR Ratio --x

Debt Service Coverage Ratio (DSCR) measures the practice's ability to pay debt with cash flow. Lenders typically require >1.25x.

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