The Smilist Dentist

Highlights:

• Strategic presence in the county seat
• Large, multicultural population base with steady growth
• Strong local demand for healthcare and dental services
• Established national brand footprint and resource advantages
• Affordable real estate / value relative to potential demand

Description:

AiCRE Partners is proud to present 553 Shiloh Pike, a single-tenant Smilist Dental clinic located in Bridgeton, New Jersey. This 2,921 SF freestanding medical office sits on a generous 1.66-acre lot and benefits from frontage along Shiloh Pike with traffic counts exceeding 7,500 VPD. Originally constructed in 2006, the property has been well-maintained and recently received a brand new HVAC system—an immediate capital improvement benefit for the next owner.

The asset is leased to The Smilist, one of the Northeast’s fastest-growing dental platforms with over 110 locations across seven states. The lease runs through October 2026 and includes two (5-year) renewal options with 3% annual rental increases, creating a built-in income growth profile. The lease structure provides investors with a stable return secured by a healthcare tenant. The landlord is responsible for roof, structure, parking lot, partial taxes, and HVAC replacement; tenant covers insurance, all taxes above the base-year amount ($14,000), and HVAC maintenance up to $2,000 per year. Positioned in the Vineland/Bridgeton retail submarket— currently posting a tight 3.9% vacancy rate—this property offers investors an opportunity to acquire a recession-resistant medical tenant in an undersupplied market. Offered at an 8.50% cap rate, this asset delivers a compelling blend of yield, stability, and long-term tenancy.

For Additional Information Visit https://aicrepartners.com/