| Tenant Investment in Location - Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients |
| Scheduled Rental Increases - 1.00% annual rental increases provide a future landlord with a boost in cash flow and return on their investment |
| Growing Business Model in Healthcare - In 2017, 7.4% of dental practices were affiliated with a dental support organization. |
| Well Recognized National Tenant - Midwest Dental is an affiliate of Smile Brands. Smile Brands is one of the largest DSOs in the USA with over 700 loc |
| Recent Lease Extension - Midwest Dental exercised a 5 year extension in October 2022 showing their long-term commitment to the location |
| Healthcare Real Estate - Healthcare properties are extremely sought-after investments for their resistance to recessions and e-commerce |
