327 Township Line Rd 4,822 SF Retail Building Elkins Park, PA 19027 $2,456,819 CAD ($509.50 CAD/SF) 7.50% Cap Rate

MSC Retail is pleased to present a premier investment opportunity:
a single-tenant, net-leased dental property located in Elkins Park,
Montgomery County, Pennsylvania. This location is operated by The
Smilist, a leading Dental Support Organization (DSO) with a network of
over 100 dental offices across six Northeastern states.
In 2024, The Smilist secured $285 million in funding to support its
aggressive growth strategy and strengthen its operational infrastructure.
Demonstrating their long-term commitment to this location, The Smilist
recently executed a brand-new 5-year NNN lease extension.
Strategically positioned in the affluent and densely populated suburbs of
Philadelphia, the property benefits from a surrounding population of over
230,000 residents within a 3-mile radius, with an average household income
of $98,000. This location offers investors a stable, income-generating asset
backed by a strong tenant with significant market presence.
The property is situated directly across from two major medical
institutions—Jefferson Health’s Elkins Park campus (550+ beds) and
Temple University’s Jeanes Hospital (146+ beds). The immediate area is
a hub for medical and health activity, with Elkins Park emerging as one
of Montgomery County’s most active corridors for healthcare-related real
estate development.
Dental practices remain highly desirable investments due to the high
relocation costs and patient retention challenges, which often result in
long-term occupancy. This offering provides investors with the opportunity
to acquire a strategically located, hea