NNN Investment

Investment Overview

Offered for sale is a stabilized mixed-use investment anchored by Downers Grove Dental & Orthodontics, corporately guaranteed by Smile Partners USA, a national dental services organization. The dental tenancy is secured by a long-term lease with approximately 13 years of remaining term, delivering durable, healthcare-backed income supported by recession-resistant demand, high patient retention, and strong location dependency. Located in the heart of Downers Grove, steps from the Fairview Avenue BNSF Metra station and minutes from Downtown, the property benefits from strong demographics, excellent access, and consistent traffic. The residential component consists of three apartment units on short-term leases at below-market rents, providing additional income and value-add upside. An ideal opportunity for 1031 exchange buyers and investors seeking stable healthcare income with embedded growth potential.

Investment Highlights

• Stable Mixed-Use Investment featuring a national credit dental tenant complemented by three residential apartment units, providing diversified income streams within a single asset.
• Long-Term NNN Lease occupied by Downers Grove Dental and Orthodontics, and corporately guaranteed by Smile Partners USA, a well-established, multi-state Dental Service Organization (DSO) with a growing national footprint and strong operational backing.
• Predictable Passive Income generated by a triple-net (NNN) lease structure, minimizing landlord responsibilities and exposure to operating expense volatility for the commercial component.
• Additional Upside from Residential Units, with three multifamily leases providing supplemental cash flow, rental growth potential, and natural inflation hedging.
• Attractive Suburban Chicago Location at 425 Burlington Avenue, Downers Grove, positioned in a mature, supply-constrained infill market with strong household incomes and long-term demographic stability.
• Proximity to Downtown Downers Grove offering walkability to retail, dining, Metra rail service, and municipal amenities—enhancing tenant retention and residential desirability.
• Transit-Oriented Asset, located near the Downers Grove Metra Station, providing convenient commuter access to downtown Chicago and regional employment hubs.
• Strong Healthcare Fundamentals, as dental services are necessity-based, recession-resilient, and less susceptible to e-commerce disruption.
• Below Replacement Cost Profile, benefiting from established improvements and zoning, creating a durable barrier to entry for competing mixed-use developments.
• Flexible Exit Strategy, appealing to: - Single-tenant NNN buyers seeking credit tenancy - Mixed-use investors targeting diversified cash flow - 1031 exchange buyers prioritizing stability with upside