Desirable Asset Class – Medical outpatient buildings have a strong history of providing investors with favorable tenants and lease terms. Typical long-term tenancy, higher average rental rates, and increased value of property are some of the features provided by healthcare tenants.
Passive Income – Taxes, insurance, and routine maintenance are all covered under the NN+/NNN leases included with this asset. Out of state investors or those seeking more passive income can benefit from this opportunity, which is also ideal as a 1031 exchange property.
Above Market Rental Increases – Each tenant has annual increases of 3% or 4% respectively, which is a crucial part of any investment as a means to hedge against inflation and continue the increase in cash flow and return on your investment dollars.
Major Metro Area – Peachtree City is within the Atlanta MSA. As the largest city in the state and home to the busiest airport in the world, Atlanta boasts numerous favorable attributes on top of the 10+ year track record of Georgia being a #1 state for business.
Ideal Medical Location – Various dental and medical offices surround the subject property, creating a synergistic medical corridor, further fueling the likelihood of referrals, increased demand for space, and location familiarity within the community.
Retail Centric – Various national retail stores such as Publix, Chick-fil-A, Wells Fargo, and Starbucks are within a few blocks of the Steven’s Entry property.
Affluent Market – As an affluent pocket of Atlanta, Peachtree City boasts an average household income of over $170k within a 5 mile radius of the property.
National Operator – This property is anchored by US Oral Surgery Management, a national DSO with over 120 locations across 29 states. With a focus on oral surgery providers, US OSM offers a strong backing and increased confidence in the tenant’s long-term ability to perform.
Private Equity Owned – US Oral Surgery Management is owned by Oak Hill Capital, a New York based private equity firm with over $23B assets under management.
Tenant Synergy – The second largest tenant in the property provides periodontist care, creating an ideal synergistic tenant mix which creates a one-stop-shop for clients in need of dental services.