| Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients |
| Growing Business Model – In 2017, 7.4% of dental practices were affiliated with a dental support organization. By 2020 this number grew to 10.4%. |
| Recent Lease Extension – Midwest exercised their five-year option in 2024 showing their long-term commitment to the location. |
| Retail Corridor – The site is located across the street from national tenants such as Pizza Hut, Jimmy John’s, Dunkin’, & McDonald’s. |
| Smile Brands Affiliate – Midwest Dental is an affiliate of Smile Brands. Smile Brands is a DSO that currently has over 700 locations 30 states. |
| Ideal Investment – This deal has a low barrier to entry for investors because of its attractive price point and high return. |
Seamus O'Brien
Matthews Real Estate Investment Services
