Highlights
• Corporate-guaranteed Stonecreek Dental lease – operator with 25+ locations • Strategic corporate sale-leaseback at a long-term, high-performing location • Strong trade area demographics: 134,417 residents & 88,312 employees within 5 miles • 10-year absolute NNN lease – zero landlord responsibilities • High-performing location: rent is only 3% of sales • Adjacent to Alabama State University (5,465 students)
Description
Faris Lee Investments is pleased to offer the opportunity to acquire a high-performing Stonecreek Dental property located in Montgomery, Alabama. This corporate sale-leaseback is secured by a new 10-year absolute NNN lease with zero landlord responsibilities, 10% rent escalations, and strong rent coverage, providing investors with a reliable and fully passive income stream. Stonecreek Dental, one of the Southeast’s fastest-growing dental operators, currently manages 25 locations across the region, including 18 in Alabama. Backed by Fremantle Capital since 2019, the group has more than doubled its total sales, demonstrating consistent growth and operational strength. The subject property has operated successfully for over three years, generating $1.75 million in sales over the past twelve months. The new 10-year lease—with four additional 5-year renewal options—will begin at closing, with a base rent of $56,000, representing only 3% of the tenant’s occupancy cost, which underscores the sustainability of the lease structure. Positioned between Interstate 85 (100,000+ VPD) and Carter Hill Road, the property benefits from exceptional visibility and access to key regional destinations. Nearby drivers include Jackson Hospital (serving 52,000+ annual patients), the Country Club Shopping Center (anchored by Winn-Dixie and Dollar General), and Alabama State University—located just 500 feet away and currently undergoing an $87 million housing expansion. With a surrounding population of 66,000 residents and 88,000 employees within a three-mile radius, the property is situated in a densely populated, high-traffic area. Offering below-market rent, strong tenant credit, and no management obligations, this Stonecreek Dental investment represents a rare opportunity to acquire a stable, healthcare-backed asset in a prime Montgomery location.
Property Documents
1901 Mulberry St Flyer.pdf
3.86 MB
Listing Details
- Cap Rate
7.47%
- Tenancy
Single
- Space Type
Retail
- Sub Category
Drug Store/Pharmacy
- Sale Type
Investment Sale
- Date Listed
10/24/2025
- Ownership Info
Fee Simple
- Investment Type
Net Lease
- Net Operating Income
$56,000
- Ground Lease
No
- Parking Info
20 Spaces (6.85 Spaces per 1,000 SF Leased)
- Typical Floor Size
2,920 SF
- Building FAR
0.21
Property Specifics
- Property Name
StoneCreek Dental | 1901 Mulberry St
- Property Class
C
- No of Buildings
1
- No of Stories
1
- Year Built
1976
- Building Size
2,920 SF
- Lot Size
0.32 Ac
- Year Renovated
2023
- APN
10-04-17-3-028-001.000
- Zoning
B-2
- Occupancy
100%