- Stabilized Investment Opportunity: The Property is currently 100% occupied with an operating NOI of $71,496. Great Expressions Dental corporately guarantees the lease and has approximately 4 years remaining, providing an investor stable cash flow with annual increases for the remainder of the term.
- Long Standing Operating History: The Tenant has operated out of this location for approximately 25+ years. The original lease was signed in 1998 with the most recent lease extension signed in 2021 for an additional 5.5 years, showcasing long-term commitment to the site.
- Annual Rent Bumps: The lease features 3% annual increases throughout the remainder of the term, providing compounding growth to the NOI.
- Limited Landlord Responsibility: Landlord is responsible for roof and Structure, Tenant pays for CAM, Insurance, and Taxes.
