Single-Tenant Office Medical
STNL - Barbourville, KY
646 Manchester St, Barbourville, KY 40906
Listing Price: $456,000
Investment Overview
Marcus & Millichap is pleased to present the net-leased investment opportunity located at 646 Manchester Street in Barbourville, Kentucky. tenant Mills and Hays Family Dentistry is backed by PepperPointe, an established dental service organization (DSO) - representing over 100 practices and more than 1,100 dental professionals - serving 300,000 patients across the United States.
The asset is secured by a triple-net (NNN) lease structure, providing minimal landlord responsibilities and predictable income for investors. The current lease has approximately 6.2 years remaining and includes two five-year renewal options, each featuring attractive 10 percent rental increases.
The property presents a compelling opportunity for investors seeking an asset with built-in income growth and long-term upside through structured rent escalations. Further enhancing the investment, the tenant boasts over 450 Google reviews with an impressive 4.9 star rating, reflecting strong community presence and patient loyalty. Additionally, the dental industry's annual expenditure exceeds $174 billion, highlighting the resilience and essential nature of the sector. These factors combine to position the asset as a highly attractive, recession-resistant investment with durable demand drivers and long-term tenant viability.
Investment Highlights
- Tenant backed by DSO That Supports over 100 Practices and 1,100 Dental Professionals Nationwide
- Triple-Net Lease Structure Provides Minimal Landlord Responsibilities and Stable Income
- Attractive 10 Percent Rent Increases with Two Five-Year Renewal Options
- Strong Tenant Performance with 4.9 Star Rating and over 450 Google Reviews
Listing Price: $456,000
Investment Highlights
- Tenant backed by DSO That Supports over 100 Practices and 1,100 Dental Professionals Nationwide
- Triple-Net Lease Structure Provides Minimal Landlord Responsibilities and Stable Income
- Attractive 10 Percent Rent Increases with Two Five-Year Renewal Options
- Strong Tenant Performance with 4.9 Star Rating and over 450 Google Reviews
Investment Overview
Marcus & Millichap is pleased to present the net-leased investment opportunity located at 646 Manchester Street in Barbourville, Kentucky. tenant Mills and Hays Family Dentistry is backed by PepperPointe, an established dental service organization (DSO) - representing over 100 practices and more than 1,100 dental professionals - serving 300,000 patients across the United States. The asset is secured by a triple-net (NNN) lease structure, providing minimal landlord responsibilities and predictable income for investors. The current lease has approximately 6.2 years remaining and includes two five-year renewal options, each featuring attractive 10 percent rental increases. The property presents a compelling opportunity for investors seeking an asset with built-in income growth and long-term upside through structured rent escalations. Further enhancing the investment, the tenant boasts over 450 Google reviews with an impressive 4.9 star rating, reflecting strong community presence and patient loyalty. Additionally, the dental industry's annual expenditure exceeds $174 billion, highlighting the resilience and essential nature of the sector. These factors combine to position the asset as a highly attractive, recession-resistant investment with durable demand drivers and long-term tenant viability.