Granger Dental & Orthodontics (OBL)

INVESTMENT HIGHLIGHTS

TENANT & INDUSTRY

• ESTABLISHED & GROWING OPERATOR – The anchor tenant is part of Our Best Life Companies, a rapidly expanding dental support organization (DSO) with 15 locations.
• RECESSION-RESISTANT ASSET – Healthcare real estate remains a highly sought-after investment due to its stability, strong tenant retention, and insulation from economic downturns and e-commerce disruption.
• SUCCESSFUL INDUSTRY – The dental market is projected to grow at a 7.4% CAGR from 2022-2029 (Fortune Business Insights), ensuring longterm demand for dental services.

PROPERTY & LOCATION

• HIGH TRAFFIC LOCATION – Positioned directly off Highway 23, this property benefits from strong visibility and accessibility, just five minutes from a major shopping mall featuring national tenants such as Macy’s, Sephora, Olive Garden, Best Buy, Costco, and Target.
• VALUE ADD POTENTIAL – The office building included in the sale features partial vacancy and all gross leases with no option periods, presenting a prime opportunity to increase cash flow through lease restructuring, converting to NNN leases, or securing long-term tenants at market rates. This flexibility allows investors to unlock additional value and enhance overall asset performance.
• HOSPITAL PROXIMITY – The Beacon Granger Hospital is less than a mile from the subject property.
• 2% ANNUAL RENTAL INCREASES – The anchor tenant lease features 2% annual rent increases, providing investors with growing cash flow and a hedge against inflation.
• TENANT INVESTMENT IN LOCATION – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.