17061 AVE OF THE ARTS #100 Surprise AZ 85378

PROPERTY & LEASE HIGHLIGHTS

• Two-Tenant Investment with Leading Operators – This property is anchored by American Dental Companies, a dominant Dental Service Organization with 50+ locations across the region, alongside Bosa Donuts, a beloved Arizona brand with 44+ locations and widely recognized as the “Best Donuts in AZ.​” Together, these complementary tenants provide diversified income backed by well-established, high-performing operators.​

• E-Commerce Resistant Healthcare Investment – Dental office investments continue to be highly sought after for their insulation from e-commerce competition and resilience through economic cycles.​

• Drive-Thru Amenity – Bosa Donuts includes a drive-thru, which is especially valuable for convenience and customer experience in today’s, on-the-go service economy.​

• Established Tenancy with ± 6 Years Remaining – Both tenants are under long-term NNN leases with approximately 6 years of primary lease term remaining with options to extend, ensuring stable income.​

• Inflationary Protected Leases – Rent escalations built into the lease provide the landlord with reliable protection against inflation over the remaining term.​

• HOA Maintenance / Minimal Landlord Responsibilities – Both leases are structured as NNN, placing most maintenance, structural, and operating cost burdens on the tenant.​ In addition, the property is governed by an HOA that maintains the common areas and exterior, making this a true hands-off investment for the landlord.​

• Strong Visibility & Access – Located at the intersection of high-traffic arterials (Bell Road / Ave of the Arts), with excellent access and exposure from main roads, enhancing both signage visibility and customer reach.​

LOCATION HIGHLIGHTS

• Top-Tier Phoenix MSA – Located within the Phoenix Metropolitan Statistical Area, one of the fastest-growing MSAs in the United States, consistently ranking among the top for in-migration, job creation, and housing demand.

• Population & Income Growth – Surprise, AZ has approximately 150,000+ residents, with a median household income of ~$93,000, and population growth averaging 2.7% annually.

• Rapid Expansion – Surprise, AZ has experienced over 30% population growth in the past decade, with thousands of new single-family homes being delivered annually.

• New Downtown / City Center Development – The Surprise City Center project is underway, transforming the area around City Hall into a vibrant mixed-use downtown with retail, restaurants, higher education (Ottawa University), medical, civic, and residential components.

• Traffic Exposure – Bell Road carries ~70,000 cars/day at key intersections, offering strong visibility for tenants.

• Robust Economic Development – The city continues to attract new employers across healthcare, manufacturing, retail, and technology, fueling both jobs and consumer spending.

• Quality of Life & Community Investment – Ongoing investment in infrastructure, schools, parks, and amenities make Surprise a desirable residential hub, supporting long-term demand for retail and healthcare services.

• Favorable Demographics – Median age is ~41.6 years with a growing working-age population, positioning Surprise as a balanced and stable community with both young families and retirees.

TENANT HIGHLIGHTS

• American Dental Companies (Bell Road Dentistry) – Backed by a leading dental platform with 50+ locations, combining private practice culture with centralized support for marketing, HR, and admin. Bell Road Dentistry offers a full range of services including general dentistry, aesthetics, implants, cleaning, and oral cancer screening.

• Bosa Donuts – A premier Arizona donut brand with 44+ locations, known as the “Best Donuts in AZ,” featuring top tier service, and a drive-thru amenity that enhances convenience and customer traffic.

• Stable, Healthy Sectors – Both tenants operate in sectors (dental care and food service) that have historically demonstrated strong resilience across economic cycles.

• Recurring Revenue & Customer Loyalty – Dentistry provides necessity-based recurring revenue, while Bosa Donuts benefits from loyal repeat customers and impulse-driven daily traffic.

• Proven Growth Models – Both tenants are multi-location operators with established brand equity and scalable business models, reducing operational risk and enhancing long-term stability for investors.

• $137 Billion Industry – Dentistry is one of the largest healthcare subsectors, averaging 2.4% annual growth, supported by demographic trends and increasing demand for both cosmetic and general dental services.