MB2 Dental | ±800k in Renovations | ± 10 Year NNN Lease
±10 Years Remaining | NNN Lease | Corporate Guaranty (800+ Locations) | 3% Annual Increases
Marketing description
PROPERTY & LEASE HIGHLIGHTS
• Corporate Guaranty - MB2 Dental – The lease is backed by a corporate guaranty from MB2 Dental, one of the largest and fastest-growing dental support organizations in the world, with 800+ affiliated locations across the United States. This provides strong credit backing and enhances long-term security for ownership.
• Full Building Renovation (2018) – ±$800K Investment - The building was fully gutted and completely renovated in 2018, with ±$800,000 invested into the build out, creating a modern dental facility with updated infrastructure, treatment rooms, sterilization areas, & patient amenities.
• Dental Use With Significant Tenant Investment - Dental offices require extensive specialized improvements such as plumbing systems, operatories, imaging equipment, sterilization areas, & patient treatment rooms, creating high barriers to relocation.
• Healthcare Real Estate With Recurring Demand - Dental services benefit from recurring patient visits including preventative care, cleanings, restorative procedures, & cosmetic treatments, creating consistent demand for dental facilities.
• High Barriers To Relocation - Dental practices typically invest substantial capital into custom tenant improvements and equipment installation, combined with patient loyalty and geographic convenience.
• 3% Annual Rent Increases - The lease features fixed 3% annual rental increases, providing consistent income growth and a strong hedge against inflation over the term.
• Recently Constructed & Renovated Dental Office (2010 / 2018) - Originally built in 2010 and fully renovated in 2018, the property benefits from modern construction standards and significant capital investment, reducing near-term maintenance and supporting long-term performance.
Investment highlights
TENANT HIGHLIGHTS
• $3.5+ Billion Valuation Following Warburg Pincus Recapitalization - In November 2024, Warburg Pincus made a $525 million strategic investment into MB2 Dental, resulting in an enterprise valuation exceeding $3.5 billion.
• One Of The Largest Dental Partnership Organizations In The U.S. - MB2 Dental supports 800+ affiliated dental practices across more than 40 states.
• Doctor-Led Partnership Model - MB2 pioneered the Dental Partnership Organization (DPO) structure, allowing dentists to retain clinical autonomy while receiving centralized operational support.
• Strong Private Equity Backing - MB2 Dental is backed by major investors including Warburg Pincus and Charlesbank Capital Partners.
• Rapid National Expansion - Since its founding in 2007, MB2 Dental has expanded rapidly through strategic partnerships with established dental practices.
• Above-Average 9 Operatory Dental Facility - The practice features 9 operatories (dental chairs), which is above average for a general dentistry practice of this size. The large operatory count supports higher patient throughput and production capacity.
LOCATION HIGHLIGHTS
• One of California’s Fastest-Growing Cities - Yuba City has been ranked among the fastest-growing cities in California according to recent California Department of Finance data.
• Most Rapidly Growing County In California - Sutter County, where Yuba City is located, has ranked as the fastest- growing county in the state.
• Strong Housing And Development Pipeline - Significant residential development and new housing permits are supporting continued population growth.
• Business And Retail Expansion - Population growth is attracting new retail and service businesses to the region.
• Affordable Northern California Alternative - Yuba City offers a lower cost of living relative to major California metros while maintaining proximity to Sacramento.
• Proximity To Sacramento - Yuba City is located approximately 40 miles north of Sacramento, benefiting from regional connectivity and economic spillover.
• Regional Healthcare Demand - Population growth and expanding residential development support increasing demand for healthcare services including dentistry.
• Strong Location Along Plumas Street - The property benefits from frontage along Plumas Street, a primary commercial corridor in Yuba City providing strong visibility and convenient accessibility for patients.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
