Cap Rate
7%
NOI
$186,764
Property Type
Healthcare
INVESTMENT HIGHLIGHTS
- BEST-IN-CLASS TENANT – Premier Care Dental Management is a top-tier dental support organization (DSO) with over 100 locations across the Northeast, demonstrating strong operational expertise and long-term stability.
- 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.
- SCHEDULED RENTAL INCREASES – 2.50% annual rental increases provide a future owner a boost in cash flow and return on their investment, along with protection against inflation
- LONG-TERM LEASE STABILITY – This property benefits from a rare 15-year lease, with nearly 11 years remaining on the initial term, providing long-term security for investors.
- RECENT CAPITAL IMPROVEMENTS – The property underwent a full-scale renovation in 2018 and a brand-new roof was installed in 2024.
- DENSE DEMOGRAPHICS – The property is ideally located in a densely populated and affluent area with over 346,000 residents within a five-mile radius and an average household income exceeding $155,0
Broker of Record
- Cory Rosenthal
- License No. 10991237833 (NY)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc.
- 1600 West End,
Ste. 1500 Nashville, TN 37203