Property History
▪ High Credit STNL – NNN ground lease with Pacific Dental, one of the most secure forms of ownership requiring virtually no landlord obligations
▪ Pacific Dental – Founded in 1994 and headquartered in Irvine, CA, Pacific Dental Services (PDS) is one of the country’s leading dental support organizations with more than 850 dental offices across the United States. PDS has been on the Inc. 5000 list of the fastest-growing private companies in America 14 times
▪ Part of Target and Lowe’s Shadow Anchored Power Center with Leading Tenancy – Park West Place Net Lease Portfolio is a collection of outparcels to the greater “Park West Place”, a dominant ±736,500 SF power center, shadow anchored by Target and Lowe’s and leased to national and regional retailers including, TJ Maxx, PetSmart, Sportsman’s Warehouse, Kohl’s, Ross Dress for Less, Five Below, Ashley HomeStore and others, attracting customers on a regional basis
▪ Stable NOI with Growth – Pacific Dental offers investors a stable cash flow from a long-term ground lease with over 13 years remaining and 10% rent increases every 5 years also providing an inflation hedge
▪ Below Market Rent – Pacific Dental is currently paying $121,000 per year, approximately 33% below the estimated market rate
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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