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4790 Woodmere Blvd., Montgomery, AL, 36106

Montgomery Dentistry
closed

Key Information

Cap Rate
7.25%
Tot. SF
5,456
Year Built
2001
Term Remaining
±6.87 YRS
Type
Healthcare
NOI
$150,276

Highlights

Rare 12 Year Absolute NNN Lease | ±7 Years Remaining

  • The tenant, Montgomery Dentistry, executed a brand new 12 Year Absolute NNN lease at the location in 2020. This further establishes the tenant’s success and commitment to the location going forward.

Highly Rated Practice | 3-Doctor Location | Family and Cosmetic Dentistry

  • Montgomery Dentistry is a highly rated and reviewed practice, with 4.8 Stars and 1,400+ Google Reviews. This rating indicates a strong community presence and a testament to the success of the operation and patient satisfaction of the practice.

Rare 2x Personal Guarantees | Sticky Investment

  • The lease features personal guarantees from both principal doctors at the location, further establishing their commitment to the location and stickiness of the investment. An investor reaps the benefits of security with a rare personal guaranty from the doctors – many times, dental leases will only have single unit or subsidiary guarantees from the operator.

Absolute NNN Lease Structure | Zero Landlord Responsibilities | 2.50% Rental Increases

  • The absolute NNN lease structure offers a truly passive investment opportunity for both local and national investors. The tenant is responsible for all property expenses, including taxes, insurance and maintenance.
  • The lease also features 2.50% annual rental increases, providing an investor with a hedge against inflation and scheduled boosts in cash flow throughout the life of the lease.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203