Smiley Dental 10901 Garland Rd

Marcus & Millichap is pleased to offer Smiley Dental & Orthodontics anchored medical office building in Garland, a Dallas-Fort Worth metro city in Texas. The clinic at the subject location was established in 2006, with a 15,536 square-foot building situated on a 0.48-acre lot. Smiley Dental & Orthodontics will sign a new 15-year NNN Lease for 50 percent of the space that includes Smiley Dental & Orthodontics and Clinica San Andres which Smiley will master lease, and three-year, triple-net lease for Smiley Dental Management office. The leases come with annual 2 percent increases to hedge against inflation. For owner-user, Smiley Dental Management Office can be relocated.
Smiley Dental & Orthodontics was founded 20 years ago in 2003 and currently has 35 locations in Texas with around 60 providers and 300 employees. Smiley Dental & Orthodontics' vision is to provide all ranges of dental services including general dentistry, orthodontics and oral surgery, all in one place at an affordable price. Smiley Dental & Orthodontics has been achieving excellent revenue growth year-over-year.
This is a great opportunity for an investor who is looking for a well-established and safe asset on a long-term corporate guaranteed triple-net leases in one of the fastestgrowing metro areas in the U.S.