Dove Family Dental
Net Lease
4283 Raleigh Millington Road, Memphis, TN
Landlord Responsibilities:
None
Lease Expiration Date::
Approx. 9+ years
Renewal Options:
2, 5-year options
Building Sq. Ft.:
3,224 SF
Rent Increases:
3% Annually
Investment Highlights
- Strong Guarantor: MB2 Dental has 700+ locations, 40 states, private equity backed. In 2023, MB2 saw record growth with 150 new partnerships and secured a $2.3B debt facility with KKR for future growth and acquisitions.
- Long Standing Dental Practice: Established and experienced dental practice with a strong track record.
- Commitment: Brand new NNN 10 yr lease with 3% annual escalations showing their commitment to the market and location. 2025 Renovation opening May 2025
- Zero Landlord Responsibilities: Ensuring ease of management
- Location: Conveniently located at the corner of Raleigh Millington Rd. & Egypt Central Rd. which boasts a combined traffic count of 24k+ VPD. The site is also walking distance to the 3 schools that serve the surrounding community (Egypt Elementary, Raleigh Egypt Middle, & Raleigh Egypt High School)
Landlord Responsibilities:
None
Lease Expiration Date::
Approx. 9+ years
Renewal Options:
2, 5-year options
Building Sq. Ft.:
3,224 SF
Rent Increases:
3% Annually
Listing Agents
Broker of Record: Connor Shell, TN Lic. #371818