Pediatric Dentistry & Orthodontics Portfolio | High-Quality Medical Offices For Sale With Long-Term Tenants

Description:

THE OPPORTUNITY
As Exclusive Agent, RMF is pleased to present The Pediatric Dentistry & Orthodontics Portfolio. Made up of (2) properties with long term guaranteed leases to a thriving pediatric dentistry and orthodontics practice, wholly owned by Planet Smile Partners, a private equity group and leading dental service provider in the Northeast. The properties are located in Mt. Kisco, 111 E Main Street and Peekskill, 22 N Division Street. They feature state of the art dental equipment and patient amenities that enhance the dental business creating significant repeat business to the practice, thereby enhancing the value of the properties. Both properties have seen significant buildout for the tenants as well as significant investment in the building’s infrastructure.

111 E MAIN STREET, MOUNT KISCO
The property is a (3) story signature medical office building (MOB) with 100’ of frontage in a prime downtown location, in the Village of Mount Kisco’s Shopping and Entertainment District. Located on Route 117 (a/k/a Main Street), a high traffic roadway with 18,000 + vehicles daily on Northern Westchester premier retail corridor. Planet Smile Partners is the only tenant on the second and third floor(s) and occupies the majority of space on the first floor, totaling 7,775 SF of the building. Rise Above Flotation occupies 1,275 SF of the first floor, with a dedicated entrance off the side parking lot. The property benefits from exclusive on-site parking for 15 vehicles for the exclusive use of tenants and their clients as well as metered street parking. The property is further enhanced by a modern elevator, large floor to ceiling windows and new HVAC system, new roof, and new bathrooms throughout the building. The parking lot has recently been completely resurfaced. There is a large lobby with reception on the second floor with (6) treatment rooms and (10) dental chairs. There are (4) individual treatment rooms and (2) large open bay treatment rooms, with (3) chairs each, providing ample capacity for patient care. There is a laboratory and a modern x-ray facility on the second floor. The third floor has multiple private offices, full bathroom, a conference room, and kitchen/cafeteria.

22 N DIVISION STREET, PEEKSKILL
The property is a two-story medical office building (MOB) located in the heart of downtown Peekskill, half a block off Main Street in the Shopping and Dining Arts District of Peekskill. Planet Smile Partners is the single tenant in the building. The first floor features a spacious open reception area and (3) treatment rooms. The second floor includes an additional reception area, waiting area, laboratory space, (4) more treatment rooms, with modern x-ray facility, storage, and office suites. Located just 35 miles north of New York City, the location benefits from the density of population in the downtown Arts District of Peekskill. There is a large municipal parking lot directly behind the building.

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