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10 Professional Pky
Petal, MS 39465
SMILE DOCTORS · Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Smile Doctors is the largest orthodontic focused DSO in the country, with over 400 locations.
  • Smile Doctors just did an early lease renewal at this location, providing a continued commitment to the location and the patients they serve.
  • The practice has occupied this location for decades, demonstrating the success of the current property use.
  • Dentistry is one of the largest industries in healthcare and grows by an average of 2.4% annually.
  • Dental practices rarely relocate due to high build-out costs of and difficulty in retaining the same patients after moving.
  • Strong Inflation Hedge: Smile Doctors’ lease features rent increases of 3.0% annually.

EXECUTIVE SUMMARY

Broker of Record
Phillip Carpenter
License No. C-11708 (MS)
(601) 957-1001
Carpenter Properties, Inc.
1437 Old Square Road,
Suite 104 Jackson, MS 39211

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
1,641 SF
Building Class
B
Year Built
2000
Price
$443,563 CAD
Price Per SF
$270.30 CAD
Cap Rate
8.50%
NOI
$37,681 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,641 SF
Building FAR
0.17
Lot Size
0.22 AC
Parking
8 Spaces (4.88 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-022O-36-168.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$29,966 CAD
  • Listing ID: 32249497

  • Date on Market: 2024-06-25

  • Last Updated:

  • Address: 10 Professional Pky, Petal, MS 39465

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