BlackStone Backed Tenant - New Construction - MOB
For Sale - Medical Office Building - Credit Tenants - NNN Leases - Brand New Construction
Marketing description
BlackRock is the main investor behind Kidz Dental, the largest asset manager in the world. Idaho Orthodontics is owned by Specialty Dental Brands, they have 220 locations. Parent Company of Chubbuck Kidz Dental has over 75 locations spread across the country.
This newly constructed, cutting-edge medical office building has two top-tier tenants, Idaho Orthodontics (Specialty Dental Brands), and Chubbuck Kidz Dental (BlackRock backed tenant), operating under long-term triple net leases, guaranteeing a stable cash flow for investors. This property promises secure income and minimal management responsibilities. Located in a high-demand submarket, the state-of-the-art facility offers recession-proof tenancy and essential healthcare services for the community. Idaho Orthodontics and Chubbuck Kidz Dental have invested significantly in their spaces, ensuring their long-term commitment to the property. The quality of the tenants, combined with the prime location and favorable lease terms, makes this property a rare find for savvy investors looking for a low-risk, high-reward asset in the thriving Chubbuck/Pocatello area. Don't miss out on this prime investment opportunity!
Investment highlights
- BlackRock is the main investor behind Kidz Dental, the largest asset manager in the world.
- Brand New State of the Art Medical Office Building.
- Strong Credit Tenants
- Recession proof tenant that can weather the worst downturns.
- Idaho Orthodontics is owned by Specialty Dental Brands, they have 220 locations.
- Parent Company of Chubbuck Kidz Dental has over 75 locations spread across the country.
- The built in infrastructure of improvements by tenants makes it difficult for tenants to ever leave.
- Both tenants spent a huge amount of money on their improvements making it difficult for them to ever leave
- The combination of location, tenant quality, and lease terms makes this an ideal opportunity for those seeking a stable, secure and passive investment.
- The current unemployment rate in Pocatello is 3%.
- Ideal investment for an out of town investor.
- Chubbuck borders Pocatello ID
- New construction.
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