General Dentistry 4 Kids

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.
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 just $21/SF, the rent is below the Arizona average for dental practices, and at a price of just over $300/SF, the property is priced below replacement cost.
Strong historical occupancy: The property has been operating as a dental practice since 1997, providing a buyer a high level of comfort with the success of the current property use.
Specialized use & tenant investment in location: It is costly for dental practices to relocate due to having one of the highest build-out costs across all medical specialties. Practices tend to stay put due to the difficulty in retaining the same patients after moving. Interior dental office build-out alone can frequently pass over the $150–$200/SF range.
High traffic thoroughfare: Valencia Road is one of the largest thoroughfares in Tucson and sees over 50,000 cars per day directly in front of the property.
Recession resistant asset class: Healthcare properties are sought after for their resistance to e-commerce trends and recessions.

Navigation Menu

Key Information

Highlights

Photos

Location

Agents

Financing Agents

Broker of Record

David Harrington