The Berg Team presents the opportunity to acquire a 100% fee simple interest on a property leased to Celebrate Dental & Braces. The tenant recently signed a 10 year NNN lease, and just opened for business after completing a substantial tenant improvement build-out, with the majority of costs paid by the tenant. Celebrate Dental & Braces is a full service dental operation that provides a wide range of services, and this is the opening of their 8th location.
HIGHLIGHTS:
• Long-Term Lease:
Long-term lease in place (10 year lease signed in October 2017) with an internet resistant tenant. Celebrate Dental & Braces has 2% annual increases after the third year until the duration of the initial term, hedging against inflation.
• NNN Lease in Place:
The lease is structured as a NNN lease, with the tenant paying their share of expenses. This will provide the new owner with a passive cash flow investment with minimal landlord responsibilities.
• Experienced Operator:
The Tenant is an experienced operator and this is their 8th location.
Jeff Berg and Mica Berg, partners of the team, have brokered over $450,000,000 in transaction volume, and year over year have been ranked as one of the top sales teams in Las Vegas. The Berg Team specializes in investment and owner/user sales, and has access to one of the largest 1031 buyer databases in Las Vegas.
CONTACT US
3900 S. Hualapai Way
Suite 200
Las Vegas, NV 89147
