Single-Tenant Office Medical
Smiley Dental & Orthodontics | Shepherd
3624 Shepherd Ln, Balch Springs, TX 75180
Listing Price: $1,476,000
Investment Overview
Marcus & Millichap is pleased to offer, for sale-leaseback, eight Smiley Dental & Orthodontics offices located throughout the Dallas-Fort Worth metro areas in Texas. These can be sold together or individually. The subject location was established in 2010, located on Shepherd Lane in Balch Springs, a Dallas adjoining city, with a 2,665 square-foot building situated on a 0.37-acre lot.
Smiley Dental & Orthodontics was founded 20 years ago in 2003 and currently has 35 locations in Texas with around 60 providers and 300 employees. Smiley Dental & Orthodontics' vision is to provide all ranges of dental services including general dentistry, orthodontics and oral surgery, all in one place at an affordable price. Revenue growth in 2022 was 26 percent and it is projected to grow around 20 percent in 2023.
This is a great opportunity for a passive investor who is looking for a well-established and safe asset on a long-term corporate guaranteed Absolute triple-net lease in one of the fastest-growing metro areas in the U.S.
Investment Highlights
- 35-Unit Corporate Guarantee Smiley Dental & Orthodontics Sale-Leaseback
- Phenomenal Year-Over-Year Revenue Growth
- Absolute NNN | No Landlord Responsibilities
- 15-Year Initial Term with Four 5-Year Options
- Annual 2% Rent Increases with Blended CAP Rate of 7.49%
- Established in 2010
- No State Tax in Texas
Exclusively Listed By
Financing By
Single-Tenant Office Medical
Smiley Dental & Orthodontics | Shepherd
Listing Price: $1,476,000
Investment Highlights
- 35-Unit Corporate Guarantee Smiley Dental & Orthodontics Sale-Leaseback
- Phenomenal Year-Over-Year Revenue Growth
- Absolute NNN | No Landlord Responsibilities
- 15-Year Initial Term with Four 5-Year Options
- Annual 2% Rent Increases with Blended CAP Rate of 7.49%
- Established in 2010
- No State Tax in Texas
Investment Overview
Marcus & Millichap is pleased to offer, for sale-leaseback, eight Smiley Dental & Orthodontics offices located throughout the Dallas-Fort Worth metro areas in Texas. These can be sold together or individually. The subject location was established in 2010, located on Shepherd Lane in Balch Springs, a Dallas adjoining city, with a 2,665 square-foot building situated on a 0.37-acre lot. Smiley Dental & Orthodontics was founded 20 years ago in 2003 and currently has 35 locations in Texas with around 60 providers and 300 employees. Smiley Dental & Orthodontics' vision is to provide all ranges of dental services including general dentistry, orthodontics and oral surgery, all in one place at an affordable price. Revenue growth in 2022 was 26 percent and it is projected to grow around 20 percent in 2023. This is a great opportunity for a passive investor who is looking for a well-established and safe asset on a long-term corporate guaranteed Absolute triple-net lease in one of the fastest-growing metro areas in the U.S.