SMILE DOCTORS

INVESTMENT HIGHLIGHTS

• SMILE DOCTORS
  With over 460 locations, Smile Doctors is the largest orthodontic operator across the country. Like other DSOs, they grow their network of practices by acquiring existing and established practices. The practice at this locations has been operating and serving patients in the greater Charlotte area for decades.
• $187 BILLION INDUSTRY
  Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
• BOOMING SURROUNDING RETAIL CORRIDOR
  The property sits in a retail corridor that’s home to Walmart, ALDI, Lowe’s, Harris Teeter, and dozens of other national tenants.
• SPECIALIZED USE & TENANT INVESTMENT IN LOCATION
  It is costly for dental and orthodontic practices to relocate due to having one of the highest build-out costs across all medical specialties. Practices also tend to stay put due to the difficulty in retaining the same patients after moving.
• HIGH TRAFFIC THROUGHFARE
  Hwy 160 is a major artery in the Charlotte MSA and sees nearly 30,000 cars per day in front of the property.
• ROBUST AND FAVORABLE DEMOGRAPHICS
  The 5, 3, and 1-mile average household income levels are all over $124,000. Over 126,000 residents live within a 5-mile radius, with that number projected to grow to 140,000 over the next four years (2.3% annual growth).