Overview

Description

100% LEASED DENTAL/RETAIL INVESTMENT
Resolut RE has been exclusively retained to present the opportunity to acquire fee simple ownership of Dental Republic: Allen (the “Property” Dental Republic: Allen is a three tenant 100% leased asset in Allen Texas (suburb of Dallas), with the Dental Republic dental practice occupying 60.4% of the 7,525 SF building on a 20,255 SF lot. Tiger Asian Bowl (a sushi restaurant) occupies 1,975 SF and Wrexx Dance Studio occupies the remaining 1,000 SF. The Property boasts excellent visibility to over twenty nine thousand vehicles per day on W. McDermott Dr., and is surrounded by a population of 112,677 with average household income of $120,900 within 3 miles and 282,010 residents with average household income of $123,790 within 5 miles. The Dental Republic dental practice has been in operation for over 20 years and has 9 office locations. Dental Republic is pleased with the performance of this location and has recently signed a 5 year NNN extension to their lease with annual 2.0% base rent increases. Property ownership has an ownership interest in the Dental Republic dental practice.

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