2102 N Country Club Rd, Suite A, Tucson, AZ, 85716
General Dentistry 4 Kids
Closed
Key Information
Type
Healthcare
Highlights
Rare absolute NNN lease: This offering provides a very rare opportunity to acquire a passive absolute net lease with 2% annual rental escalators. All tax, maintenance, and insurance costs are handled directly by the tenant, with HOA expenses paid directly by landlord and reimbursed by tenant.
Kids Dental Brands: The tenant is a regional conglomerate of Kids Dental Brands which has a network of 45 dental offices across AZ, TX, MS, MO, NC, VA, and OH. They have consistently added new locations since their first office was opened in the Phoenix area in the early 2000s, and they continue to expand by acquiring practices that are already established and successful within the communities they serve.
$187 billion industry: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
Location commitment: General Dentistry 4 Kids signed a 12-year lease at the location in 2020, demonstrating a commitment to this location and providing confidence in their success at this clinic.
Advantageous per/SF metrics: At a price of just $295/SF the property is priced below replacement cost. Interior dental office build-out alone can frequently pass over the $150–200/SF range.
Photos
Location
Agents
Broker of Record
David Harrington
License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251