Oakpoint Dental

• Oakpoint Dental – Oakpoint is a network of approximately 50 dental and specialty practices across the Southeast. They expand by acquiring practices that are already established and successful within the communities they serve
• $187 Billion Industry – Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually
• Location Commitment & Lease extension – After signing an initial lease in 2021, Oakpoint just picked up their first extension option, demonstrating a commitment to this location and providing confidence in their success at this clinic
• Inflation-Protected Cash Flow – The lease features 3% annual rent increases, offering investors built-in income growth and a great hedge against inflation
• Adjacent to +1M Square Feet of Retail —The property sits directly across the street from Publix and is within the center of a massive retail corridor that is home to dozens of national brands including Trader Joe’s, Walmart, Sam’s Club, among many others
• Strong Historical Occupancy – This office has been occupied by a dental practice for over 20 years, providing a high level of comfort with the success of the current property use
• Specialized Use & Tenant Investment in Location – It is costly for dental practices to relocate due to having one of the highest build-out costs across all medical specialties. Practices tend to stay put due to the difficulty in retaining the same patients after moving. Interior dental office build-out alone can frequently pass over the $150-200/SF range
• High Traffic Thoroughfare – The intersection of Trenholm Rd and Forest Dr sees a combined traffic count of over 42,000 cars per day