Lone Star Crossing

• $140K+ AVERAGE HOUSEHOLD INCOME — Average household incomes exceed $140,000 within the 1-, 3-, and 5-mile trade areas, supporting demand for dental services.
• BEST IN CLASS DENTAL SPECIALTY FACILITY — This facility is a 100% leased dental hub that is home to eight different practices. These practices are a mix of general dentists and specialists that offer a full range of dental services including oral surgery, orthodontics, pediatric dentistry, and endodontics.
• +25 YEAR OCCUPANCY HISTORY — CONTINUOUS OPERATION FOR DECADES — The property was originally constructed in 2000 for each of the practices that still occupy the property, providing a great deal of confidence in these businesses’ ability to operate at this location and within the Plano market.
• BELOW MARKET RENT — POTENTIAL FUTURE UPSIDE — Since the lease commencements in early 2022, Plano has seen exceptional rent growth, with many dental facilities now achieving rents above rents at Lone Star Crossing. Below market rents on all leases provides the opportunity to release space above current values if a future vacancy occurs.
• AFFLUENT MARKET, EXPLOSIVE GROWTH — GROWTH SUBMARKET — Household incomes within a 1, 3, and 5-mile radius are all over $140,000. Annual population growth is projected to continue soaring at 2.6% per year, bringing the 5-mile population from 386,251 to over 436,000 by 2030.
• 20+ MULTI-SPECIALTY DENTISTS — DIVERSE PROVIDER BASE — Over 20 dentists practice at the facility, driving consistent patient volume and the ability to refer patients to different specialists within the same building.
• GROSS-UP LEASE CLAUSE — PROTECTION FROM EXPENSE SLIPPAGE — If any tenant vacates, variable operating expenses like utilities, janitorial, and HVAC are computed as though the building were 100% occupied, so recoveries aren’t diminished by vacancy.
• FAVORABLE DEPRECIATION VIA POTENTIAL COST SEGREGATION STUDY — Given the heavy build out at this facility, this opportunity offers investors the ability to capture more favorable depreciation advantages through a cost segregation study (investors to confirm with their own CPA).
• SPECIALIZED USE — TENANT INVESTMENT IN LOCATION — It is highly cost prohibitive for dental practices to relocate due to having one of the highest build-out costs across all healthcare specialties.
• BUILT-IN INCOME GROWTH — ALL LEASES HAVE INFLATION HEDGE — All NNN leases have just over 5 years remaining and provide an inflation hedge with 2.0% annual rent increases.
• $187 BILLION INDUSTRY — RECESSION RESISTANT, HIGH GROWTH — Dentistry is one of the largest industries in healthcare and grows by an average of 5% annually. This offering provides the opportunity to acquire a property within one of the most important areas of healthcare, and that offers both general and specialty dental services.
• TAX-FREE STATE — TOP DESTINATION STATE — Texas is one of nine states with no personal income tax, offering potential tax advantages for investors. According to the US Census, Texas led the nation in net domestic migration in 2024.
• 5% MANAGEMENT FEE — LANDLORD FRIENDLY FEE STRUCTURE — Tenants pay an extremely favorable management fee not to exceed 5% of base and additional rent.