P1 Dental Partners

Tenant & Industry

• Best-in-class Tenant – P1 Dental Partners is one of the largest DSOs in the Midwest with 60+ locations across 5 states.
• Recession-Resistant Asset – Healthcare real estate remains a highly sought-after investment due to its stability, strong tenant retention, and insulation from economic downturns and e-commerce disruption.
• Scheduled Rental Increases – 3% annual rental increases starting in year 6 provide a future owner a boost in cash flow and return on their investment, along with protection against inflation.
• NNN Leases – This deal is a great opportunity for an investor looking for a passive investment opportunity.
• Streamlined Expansion – P1 Dental Partners expands by acquiring existing practices that are already established within the community. This allows them to quickly grow their footprint across the country.

Property & Location

• Patient Base – Logansport IN is home to 21 schools, providing convenient access to local families and supporting the practice’s broad family-oriented patient base.
• $350,000+ renovation in 2022 – The property underwent extensive renovations in 2022, including HVAC replacements, roof coating, electrical and plumbing upgrades, new flooring, cabinetry, and an updated storefront entrance.
• Hospital Proximity – The property is nearby Parkview Logansport Hospital – Emergency Room, a 83-bed acute-care hospital with an extensive network of affiliated outpatient and specialty medical services.
• Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
• Regional Accessibility – Logansport benefits from access to U.S. Route 24 and State Road 25, which connect the community with major north-south transportation arteries including I-65, I-69 and U.S. 31.
• Thriving Industry – The dental market is projected to grow at a 7.4% CAGR from 2022-2029 (Fortune Business Insights), ensuring long-term demand for dental services.