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The Smilist Dentist 553 Shiloh Pike 2,921 SF Retail Building Bridgeton, NJ 08302 $479,482 ($164.15/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 was founded in 2014 to create a dental organization that offers exceptional patient experiences. Since its founding, The Smilist has rapidly grown to be one of the leading dental support organizations in the Northeast creating beautiful and long-lasting smiles. Their modern state-of-the-art dental offices are equipped to provide patients with dental experience built around quality and convenience. They utilize the latest dental technology to help diagnose oral health conditions so that they can be treated as early as possible. Their team of high-skilled and compassionate dentists and specialists are there to take care of all dental needs. Whether patients need General, Cosmetic, Orthodontic or more extensive specialty treatment, the team at The Smilist has them covered!
| 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 | $335,500 |
| Land Assessment | $81,900 | Total Assessment | $417,400 |
PROPERTY TAXES
Presented by
The Smilist Dentist | 553 Shiloh Pike
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