LITHONIA PEDIATRIC DENTISTRY

INVESTMENT HIGHLIGHTS

• SINGLE-TENANT HEALTHCARE INVESTMENT | NEW 10 YEAR NNN LEASE | 3% ANNUAL INCREASES This deal features a brand new 10-year lease executed by Lithonia Pediatric Dentistry. The leases feature two (2), five (5) year options to extend, and 3% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
• SPECIALIZED USE | 100% LEASED DENTAL FACILITY | DE-NOVO LOCATION (2013 PRACTICE EXPANSION) A new landlord reaps the benefits of a specialized healthcare tenancy and further layer of security as healthcare facilities rarely relocate due to the difficulty of retaining the same patients in a new location, and the high cost of moving. This practice focuses on comprehensive pediatric dental care, including general, cosmetic, and preventative, and dentistry, along with root canal and orthodontic treatment.
• NNN LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
• HIGH GROWTH ATLANTA MSA | 6TH LARGEST MSA IN THE COUNTRY | DEVELOPMENT IN DEKALB COUNTY Atlanta is the 6th largest MSA in the United States and is rated as one of the fastest growing MSA’s in the country, expected to reach 7.9 million people by 2050. The immediate retail trade are in Lithonia/Stonecrest is expected to continue it’s growth over the coming years with constant new development throughout Dekalb County, growing by 6.8% and added over $4 billion to its economy according to SmartAseet.
• IDEAL LOCATION | OUTPARCEL TO THE MALL AT STONECREST | IMMEDIATE PROXIMITY TO MAJOR RETAIL TRADE AREA AND NATIONAL TENANCY | AFFLUENT INCOMES ($95K+) The location is well-positioned between a dense area of high-income residential communities and nearby premier shopping center destinations like The Mall at Stonecrest, which is a 1.2 million SF shopping dining and entertainment center in the heart of Lithonia. The overall development is on 1,100 acres including a host of national tenants. As an outparcel location to this development, the practice benefits from it’s proximity to surrounding tenants like Walmart, Marshalls, Chick-fIl-A, Burlington, Olive Garden, Bojangles, etc. Beyond the retail proximity, this location is also less than 2 miles from multiple dense residential communities, including The Wesley Providence Apartment Homes (579 Units) The Wesley Stonecrest (363 Units) The Lakeview at Stonecrest, Greens at Stonecreek (138 units), etc.
• PREMIER HIGH VISIBILITY LOCATION | MAJOR HIGHWAY |
  115,000+ VPD Located just off of Hwy 278, this site benefits from the traffic of 122,000+ vehicles that travel through daily. This traffic is crucial to the success of dental clinics which benefit from high traffic and walk in business.
• FAVORABLE HISTORICAL OCCUPANCY | 10+ YEAR
  OPERATING HISTORY The practice has been at this location for over 10 years, providing confidence in the success of the current use of the property and demonstrating a strong commitment to the location moving forward.
• $156 BILLION DOLLAR INDUSTRY Dentistry is one of the largest industries in healthcare and grows by an average of 2.4% annually.