Overview
Matthews™ Healthcare Division is pleased to present a single tenant oral surgery and dental implant center in Saginaw, Michigan. The property is leased to Greater Michigan Oral Surgeons & Dental Implant Center on a 10 year NNN lease with 3 percent annual rent increases, providing predictable cash flow with minimal landlord responsibilities.
The tenant operates as part of a growing oral surgery MSO platform backed by Chicago Pacific Founders, a healthcare focused private equity firm with a strong track record in physician services. Chicago Pacific Founders provides institutional sponsorship and operational support to the practice, including centralized management, shared best practices, and access to capital to support continued investment in the location. This structure provides landlords exposure to a scaled healthcare platform while retaining the benefits of a single tenant, long term NNN lease.
The property accommodates a fully built out, procedure oriented oral surgery practice with specialized clinical improvements tailored to advanced oral surgery and implant procedures. The tenant’s investment in the facility reflects long term commitment to the location and supports efficient clinical workflows and patient care.
The property is located on Cardinal Square Boulevard in Saginaw Township, one of the area’s primary commercial corridors. The corridor is anchored by major national retailers and service providers including Walmart Supercenter, Target, Meijer, Home Depot, and Menards, offering strong visibility, convenient access, and regional draw.
Saginaw is part of the Saginaw–Midland–Bay City regional economy, supported by healthcare, education, and diversified employment. The nearby presence of Ascension St. Mary’s Hospital, MidMichigan Medical Center – Covenant, and multiple outpatient medical campuses creates a dense healthcare ecosystem that supports physician referrals and sustained demand for specialized services such as oral surgery.
The combination of a long term NNN lease, contractual rent growth, a dominant commercial corridor location, and a strong regional healthcare presence positions the Saginaw property as a compelling long term investment within the oral surgery sector.
Investment Highlights
- Long Term Net Lease: This property is secured by a ten-year NNN lease, with extremely minimal landlord responsibilities. It’s a great choice for investors looking for dependable income without the hassle of day-to-day management.
- Three Percent Annual Rental Increases: The lease features three percent (3%) annual rental escalators, giving investors a hedge against inflation and consistent, predictable rent growth.
- 8.02% Average Cap Rate Over the Base Lease Term: The lease structure and 3 percent annual rent increases result in an average cap rate of approximately 8.02 percent over the base term of the lease, providing investors with an attractive blended yield and enhanced cash flow growth over time.
- Proven Industry with E-Commerce Resistance: Healthcare and dental operators are not subject to the same competitive pressures faced by traditional retail tenants. Oral surgery is a highly specialized, procedure-based service that cannot be replicated online and must be performed in a licensed clinical setting. More than twelve million oral surgery procedures are performed annually in the United States, including approximately five million wisdom tooth extractions each year. These essential services create durable demand and provide long-term stability that is largely insulated from e-commerce disruption.
- Demographic and Procedure Driven Growth: Oral surgery demand is being driven by long term demographic and healthcare trends, including an aging population, rising utilization of dental implants, and increased prevalence of oral disease. These factors support sustained procedure volumes and long term demand for oral surgery services independent of economic cycles.
- Broad, Scaled Market with Long Term Demand: The U.S. surgical dentistry market generates approximately $15 billion in annual revenue, underscoring the depth and durability of the sector. More broadly, the global dental market is projected to grow from approximately $44.7 billion in 2026 to over $118 billion by 2034, reflecting the significant scale and continued expansion of the overall dental services market.
Photo Gallery
