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The Smilist Dentist 553 Shiloh Pike 2,921 SF Retail Building Bridgeton, NJ 08302 $656,310 CAD ($224.69 CAD/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Strategic presence in the county seat
- Strong local demand for healthcare and dental services
- Affordable real estate / value relative to potential demand
- Large, multicultural population base with steady growth
- Established national brand footprint and resource advantages
EXECUTIVE SUMMARY
The asset is leased to The Smilist, one of the Northeast’s fastest-growing dental platforms with over 110 locations across seven states. The lease runs through October 2026 and includes two (5-year) renewal options with 3% annual rental increases, creating a built-in income growth profile. The lease structure provides investors with a stable return secured by a healthcare tenant. The landlord is responsible for roof, structure, parking lot, partial taxes, and HVAC replacement; tenant covers insurance, all taxes above the base-year amount ($14,000), and HVAC maintenance up to $2,000 per year. Positioned in the Vineland/Bridgeton retail submarket— currently posting a tight 3.9% vacancy rate—this property offers investors an opportunity to acquire a recession-resistant medical tenant in an undersupplied market. Offered at an 8.50% cap rate, this asset delivers a compelling blend of yield, stability, and long-term tenancy.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- -
The Smilist a été fondé en 2014 dans le but de créer une organisation dentaire qui offre aux patients des expériences exceptionnelles. Depuis sa fondation, The Smilist s'est rapidement développé pour devenir l'un des principaux organismes de soutien dentaire dans le Nord-Est, créant des sourires magnifiques et durables. Leurs cabinets dentaires modernes et à la fine pointe de la technologie sont équipés pour offrir aux patients une expérience dentaire fondée sur la qualité et la commodité. Ils utilisent les dernières technologies dentaires pour aider à diagnostiquer les problèmes de santé bucco-dentaire afin qu'ils puissent être traités le plus tôt possible. Leur équipe de dentistes et de spécialistes hautement qualifiés et compatissants est là pour s'occuper de tous les soins dentaires besoins. Que les patients aient besoin d'un traitement général, cosmétique, orthodontique ou spécialisé plus complet, l'équipe de Le Smilist s'en occupe !
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Health Care and Social Assistance | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-00050-0000-00053-01 | Improvements Assessment | $459,229 CAD |
| Land Assessment | $112,104 CAD | Total Assessment | $571,333 CAD |
PROPERTY TAXES
Presented by
The Smilist Dentist | 553 Shiloh Pike
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