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830 N Theatre Rd, Marion, IN, 46952

P1 Dental Partners
$2,268,286

Key Information

Cap Rate
9%
$ per SF
$233
Tot. SF
9,700
Year Built
2001
Term Remaining
± 4.6 Years
Type
Healthcare
Occupancy
99%
NOI
$204,146

Highlights

• 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 provide a future owner a boost in cash flow and return on their investment, along with protection against inflation.
• 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.
• Strategic Location – The subject property is located adjacent to a Planet Fitness anchored shopping center filled with national tenants such as McDonald’s, Buffalo Wild Wings, Applebee’s, Subway, & Long John Silver’s.
• Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
• 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.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203