FORT WORTH ORTHODONTICS (SMILE DOCTORS) 5716 Edwards Ranch #102 Rd

RARE EARLY 5 YEAR NNN LEASE EXTENSION | 9 YEARS REMAINING | 3% INCREASES – The tenant, Smile Doctors, executed a brand new 5 Year lease extension early, bringing the new lease expiration date to September of 2033. This further establishes the tenant’s continued success and commitment to the location going forward.
Smile Doctors (450+ Locations) | DSO Tenancy | Corporate Lease | Successful Operating History
Smile Doctors is the largest ortho-focused dental support organization (OSO) in the U.S. The company has the fastest-growing network of award-winning orthodontists. With more than 450+ locations in 31 states, Smile Doctors has a rich history of developing and growing affiliated practices by providing tools and technology that allow their orthodontists to focus entirely on patient care.
This practice affiliated with Smile Doctors in 2023 – the partnership is a testament to the success of this location and the tenant’s commitment to the site going forward. Smile Doctors’ mission is to create confident smiles that inspire the best in their patients, each other, and the communities they serve.
NNN Lease Structure | Minimal Landlord Responsibilities
The NNN lease structure offers a passive investment opportunity for both local and national investors.
Synergistic Location | Top Quality Construction | Sticky Investment
The location is fittest with upmost quality construction (2014) and is positioned in a medical office corridor surrounded by other medical specialties, creating a synergy which the tenant benefits from.
Beyond the class-A build out, ownership reaps the benefits of a specialized healthcare tenancy and further layer of security as dental facilities rarely relocate due to the difficulty of retaining the same patients in a new location, and the high cost of moving.
High Traffic Location | Direct Access and High Visibility | 30,000+ VPD
The property benefits from it’s location near the intersection of Bryant Irvin and Edwards Ranch Rd seeing over 30,000 cars per day. This generates direct visibility of the asset, crucial to the success for outpatient healthcare facilities like a dental office that relies and brand awareness and walk-in business.
Top MSA (Dallas-Fort Worth, TX) |High Growth and Robust Demographics | 4th Largest MSA in the Country | 275,000 Residents
The average household income is over $100,000 in a 1 and 3-mile radius of the property. Dallas-Fort Worth is the 4th largest MSA in the United States and is rated the fastest growing MSA in the country, expected to grow by 2.6 million people by 2030. DFW ranked first in the country for total job growth – adding 322,200 jobs in 2020, recording an impressive 9.3% growth rate.
Ideal Location | Proximity to Major Shopping Areas | Affluent Area
The location is positioned between a dense area of high-income residential communities and nearby premier shopping center destinations like The Shops at Clearfork, which is an open-air shopping dining and entertainment destination in the heart of Fort Worth, anchored by Neiman Marcus and other luxury boutiques. The location is also surrounded by over 1,000 units of luxury apartments (including The George, The Elm at River Park, and Hanover at Clearfork) all built in the last 5 years alone.
$145+ Billion Industry | ~$300 Billion by 2032
The U.S. dental services market size was exhibited at $147.3 billion in 2022 and is projected to hit around USD $295.23 billion by 2032, growing at a CAGR of 7.2% during the forecast period 2023 to 2032.