Stonecreek Dental Care

Highlights:

• STONECREEK DENTAL: STRONG GUARANTY FROM LARGE REGIONAL DENTAL OPERATOR
• STRATEGIC CORPORATE SALE LEASEBACK | LONG-TERM SUCCESS OF LOCATION
• 10-YEAR ABSOLUTE NET LEASE | ZERO LANDLORD RESPONSIBILITIES
• PROVEN OPERATIONS | YEAR OVER YEARS SALES INCREASE
• STRATEGIC POSITIONING | REGIONAL DRIVERS | MONTGOMERY, AL
• DENSE INFILL POPULATION | RESIDENTS & DAYTIME POPULATION
• ALABAMA STATE UNIVERSITY | 500 FT FROM SUBJECT PROPERTY

Description:

ALABAMA BROKER OF RECORD..... SPENCER AKIN.....License No. 000083270-0

Faris Lee Investments is pleased to present the opportunity to acquire a high-performing Stonecreek Dental property in Montgomery, Alabama. This corporate sale-leaseback features a brand-new 10-year absolute NNN lease, backed by one of the Southeast’s fastest-growing dental operators. With zero landlord responsibilities, ideal rent coverage, 10% rental increases, and proven sales performance, the asset offers a stable, passive investment opportunity.
Stonecreek Dental operates 25 clinics across the region, including 18 in Alabama. Since partnering with Fremantle Capital in 2019, the group has more than doubled its systemwide sales. Stonecreek Dental has successfully operated at this location for over three years with consistent year of year sales growth. The subject property generated an impressive $1.75M in sales over the trailing twelve months.
The new 10-year lease—with four 5-year options—will commence at close of escrow, with base rent set at $56,000, displaying Stonecreek’s long-term commitment to operating successfully at this location. Their chosen rent represents a mere 3% of occupancy cost, providing security for the landlord & tenant.
Located between I-85 (100,000+ VPD) and Carter Hill Road, the property benefits from high visibility and strong regional drivers. It is proximate to Jackson Hospital (+52,000 annual patients), the Country Club Shopping Center (Winn-Dixie, Dollar General), and just 500 feet from Alabama State University, which is currently adding $87M in new student housing.
With 66,000+ residents and 88,000+ employees within a 3-mile radius, this infill location offers both population density and daytime traffic. This offering presents a rare opportunity to acquire a well-located healthcare asset with below-market rent, strong operator backing, and completely passive ownership.

Montgomery, Alabama, is a city steeped in history and rich in Southern charm, making it an enticing destination for those seeking a place to call home. As the state capital, Montgomery offers a unique blend of tradition and progress. Its historic downtown is a picturesque representation of the Civil Rights Movement, with iconic landmarks like the Rosa Parks Museum and the Dexter Avenue King Memorial Baptist Church. The city’s cultural scene is vibrant, featuring a diverse array of museums, theaters, and live music venues. Residents can also enjoy the natural beauty of the nearby Alabama River and Montgomery’s many parks. With a lower cost of living compared to other major cities, a welcoming community, and a strong economy, Montgomery provides an inviting and affordable place for individuals and families to settle down and enjoy the best of Alabama living.