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| Price $2,794,354 | Built/Renov 2020 | Tenant Heartland Dental |
| Cap Rate 6.20% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
4,200
| Lease Start
03-01-2020
| #Units
1,700
|
| Price/SF $665.32 | Expiration
02-28-2030
| Tenant Type Medical/Health |
| NOI $173,250 | R. Term 5.3 | Ownership Fee Simple |
| Rent/SF
$41.25
| Increases 10.0%/5/yrs | Pop 5Mi 83,742 |
| Lot/AC 0.30 | Options 3/5yrs/10% | AHHI 5Mi $99,506 |
| | |
Heartland Dental is strategically located on Myriad Lane, with access to 36,500 vehicles passing by daily. The property is surrounded by numerous apartment complexes, such as Terrace III at Heritage Point, Sanibel Straits Apartments, San Carlos Apartments, and others. Nearby, new home developments include Tide Marsh by Neal Communities, KB Home Coves of Estero Bay, Baettie Development, and...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Top 100 MSA
Affluent suburb location
Income tax free state
Traded and rated company
Corporate Guarantee
Investment grade tenant
Heartland Dental Heartland Dental is the nation's largest dental support organization providing non-clinical, administrative support services. Heartland Dental partners with its supported...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 3,564 | 39,088 | 84,891 |
| 2024 Total Population : | 3,402 | 38,139 | 82,402 |
| 2024 Employed Civilian Pop : | 1,115 | 12,550 | 29,747 |
| 2024 Total Businesses : | 278 | 1,631 | 5,041 |
| 2024 Average Household Income : | $ 73,123 | $ 112,167 | $ 106,916 |
| 2024 Total Consumer Spending : | $ 124 M | $ 1884 M | $ 3985 M |
| 2024 Median Age : | 68 | 65 | 65 |
| 2024 Total Households : | 1,927 | 19,217 | 42,623 |
| 2024 Pop Age 25+: Bachelor's Degree : | 837 | 8,590 | 18,449 |
| 2024 Average Home Value : | $ 431,390 | $ 506,447 | $ 513,528 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Summerlin Rd | Pine Ridge Rd | 2001 | 31,000 | 0.10 mi |
| Pine Ridge Rd | Summerlin Rd | 2001 | 5,800 | 0.15 mi |
| Pine Ridge Rd | Summerlin Square Dr | 2001 | 10,900 | 0.20 mi |
| Carmen Ave | 2022 | 4,500 | 0.53 mi | |
| Pine Ridge Road | Gulf Waters Blvd | 2022 | 11,000 | 0.54 mi |
| Carmen Ave | 2022 | 4,200 | 0.54 mi | |
| Summerlin Rd | San Carlos Blvd | 2001 | 20,200 | 0.60 mi |
| San Carlos Blvd | Linda Loma Dr | 2005 | 14,700 | 0.65 mi |
| Summerlin Rd | San Carlos Blvd | 2001 | 21,300 | 0.71 mi |
| Summerlin Rd | 2022 | 3,100 | 0.75 mi |
Panama City Beach, FL
Cap Rate 5.90%
Lease NN+
R. Term 8.10 yrs
Size/SF 3,600
O'Fallon, MO
Cap Rate 6.50%
Lease NN+
R. Term 13.10 yrs
Size/SF 5,040
Moncks Corner, SC
Cap Rate 5.85%
Lease NN+
R. Term 8.20 yrs
Size/SF 4,231
Jacksonville, AL
Cap Rate 6.35%
Lease NN+
R. Term 14.20 yrs
Size/SF 3,726
Menominee, MI
Cap Rate 6.75%
Lease Double NN
R. Term 13.11 yrs
Size/SF 4,540
Abilene, TX
Cap Rate 7.00%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,646
Corbin, KY
Cap Rate 6.35%
Lease NN+
R. Term 13.30 yrs
Size/SF 3,726
Longwood, FL
Cap Rate 6.00%
Lease NN+
R. Term 8.10 yrs
Size/SF 5,826
Lufkin, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 8,000
Bradenton, FL
Cap Rate 5.95%
Lease NN+
R. Term 8.10 yrs
Size/SF 4,069
North Aurora, IL
Cap Rate 6.25%
Lease NN+
R. Term 8.10 yrs
Size/SF 3,756
Daphne, AL
Cap Rate 6.55%
Lease NN+
R. Term 13.90 yrs
Size/SF 3,762
Rapid City, SD
Cap Rate 6.25%
Lease NN+
R. Term 9.10 yrs
Size/SF 3,540
Paris, KY
Cap Rate 6.55%
Lease NN+
R. Term 14.40 yrs
Size/SF 3,726
Kernersville, NC
Cap Rate 6.00%
Lease NN+
R. Term 7.80 yrs
Size/SF 4,200
Blue Springs, MO
Cap Rate 6.15%
Lease NN+
R. Term 9.10 yrs
Size/SF 4,200
Pooler, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 16,406
Festus, MO
Cap Rate 6.65%
Lease NN+
R. Term 15.10 yrs
Size/SF 4,654
Lincoln, AL
Cap Rate 6.35%
Lease NN+
R. Term 13.50 yrs
Size/SF 3,726
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
