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21310981
21310982

4283 Raleigh Millington Rd, Memphis, TN 38128

DT
TX TX 714308
Stream Capital Partners
Stream Capital Partners
Listed by Stream Capital Partners
$1,248,000
501 days on market
Updated 134 days ago

Dove Family Dental

Details
Property Type Office
Sub Type Medical Office
Square Footage 3,224
Cap Rate 7.75%
NOI $96,720
Occupancy 100%
Tenancy Single
Brand/Tenant Dove Family Dental, Dental
Lease Type NN
Lease Expiration 12/08/2034
Rent Bumps Yes
Lease Options 4, 5-Year Options
Year Built 1992
Year Renovated 2025
Acreage 0.440
Investment Type Net Lease
Lease Commencement 12/09/2024

Office | 7.75% CAP | 3,224 SF

Marketing description

Commitment: Brand new NN 10 yr lease with 3% annual escalations showing their commitment to the market and location. 2025 Renovation opening May 2025

Investment highlights

  • Strong Guarantor: MB2 Dental has 700+ locations, 40 states, private equity backed. In 2023, MB2 saw record growth with 150 new partnerships and secured a $2.3B debt facility with KKR for future growth and acquisitions.

  • Long Standing Dental Practice: Established and experienced dental practice with a strong track record.

  • Zero Landlord Responsibilities: Ensuring ease of management

  • Location: Conveniently located at the corner of Raleigh Millington Rd. & Egypt Central Rd. which boasts a combined traffic count of 24k+ VPD. The site is also walking distance to the 3 schools that serve the surrounding community (Egypt Elementary, Raleigh Egypt Middle, & Raleigh Egypt High School)

Listing Contacts

DT
TX TX 714308
Stream Capital Partners
Stream Capital Partners
Listed by Stream Capital Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,720.00
$8,060.00/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

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Additional Information

Name
Connor Shell
License
Lic. #371818
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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