PROPERTY & LEASE HIGHLIGHTS
• Established & Well Respected Practice - Christensen Family Dentistry is a highly regarded dental practice in Mesa, AZ, serving the community for
years with a reputation for exceptional patient care. The lease is backed by a personal guaranty from the practice’s doctor owner, demonstrating strong
commitment and financial reliability.
• Recent Property Renovations - The property has undergone significant interior improvements within the past few years, featuring state-of-the-art
equipment and modern finishes, ensuring long-term functionality and aesthetic appeal.
• Top MSA (Phoenix Metro Area) - Mesa is the 3rd largest city in Arizona (511,000+ residents) and a key part of the Phoenix MSA, one of the fastest-growing
metropolitan areas in the U.S., making it a prime location for healthcare investment.
• Passive & True NNN Lease Structure - This NNN lease offers a hands-off investment opportunity, with minimal landlord responsibilities that are
reimbursed by the tenant.
• Inflationary Protected Lease - Lease Long Term Inflationary Protected Lease: Lease features 1.48% annual rental increases with ± 9.5 years remaining in
the current term and 2, 5 year options as well, providing a landlord with long term security and a consistent hedge against inflation.
• Low Rental Rate / SF: $24.12 – Below Market Rent - The lease at $24.12 per square foot is below market rates for comparable dental offices in Mesa, AZ.
This reduces tenant turnover risk and enhances long term tenant stability at this location
TENANT HIGHLIGHTS
Long-term Commitment to Location - Dental practices, especially well-established general dentistry offices, rarely relocate due to the high cost of
equipment, build-out expenses, and the need to retain existing patients. This ensures long-term stability at this location.
• Highly Respected Local Dentist - The practice is well-known and trusted in the Mesa community, with a loyal patient base and strong word-of-mouth
referrals.
• Essential Healthcare Service - General dentistry is a recession-resistant industry, as routine dental care remains a necessity regardless of economic
conditions. This makes the tenant a low-risk, stable investment.
• Booming Dental Industry - The U.S. dental services industry is projected to grow from $154.96 billion in 2023 to $254.09 billion by 2032, at a 6.24% CAGR,
reflecting increasing demand for dental care.
LOCATION HIGHLIGHTS
Rapid Expansion - Mesa is part of the Phoenix Metropolitan Area, one of the fastest-growing regions in the United States. This growth has led to increased
demand for healthcare, housing, retail, and professional services.
• Strategic Location - The property is conveniently located near both U.S. Route 60 and Loop 202, providing easy access to patients across Mesa and the
greater Phoenix area.
• Robust Demographics - Local demographics feature a population base of 331,388 people within a 5 mile radius, with average household
incomes at $81,126.
• Healthcare, Technology & Logistics Hub - Mesa is home to Banner Desert Medical Center (one of Arizona’s largest hospitals), Boeing, MD Helicopters, and
Apple’s global command center.
• Business Friendly Environment - Arizona continues to attract businesses due to its low taxes and pro-growth policies. Mesa’s continued residential and
commercial expansion makes it an attractive location for long-term real estate investment.