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| Price $2,867,797 | Built/Renov 2022 | Tenant Heartland Dental |
| Cap Rate 5.90% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
3,600
| Lease Start
12-02-2022
| #Units
1,700
|
| Price/SF $796.61 | Expiration
12-31-2032
| Tenant Type Medical/Health |
| NOI $169,200 | R. Term 8.0 | Ownership Fee Simple |
| Rent/SF
$47.00
| Increases 10.0%/4/yrs | Pop 5Mi 28,535 |
| Lot/AC 0.79 | Options 4/5yrs/10% | AHHI 5Mi $89,153 |
| | |
Heartland Dental is conveniently located along Panama City Beach Parkway which sees 52,000+ vehicles passing by daily. The site benefits from shared ingress and egress with a Publix anchored shopping center. It is also surrounded by many national tenants including Home Depot, Office Depot, Dunkin’, Chick-fil-A, Lowe’s, AutoZone, Culver’s, and others, promoting strong crossover traffic to the...
...New construction
High traffic 50M+ VPD
Shopping Ctr out-parcel
Highway location
Affluent suburb location
Income tax free state
Favorable NN+ lease
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 | |
| 2028 Total Population : | 6,966 | 22,848 | 36,344 |
| 2023 Total Population : | 6,536 | 22,536 | 35,928 |
| 2023 Employed Civilian Pop : | 4,062 | 13,201 | 20,569 |
| 2023 Total Businesses : | 284 | 1,529 | 2,408 |
| 2023 Average Household Income : | $ 89,627 | $ 93,310 | $ 93,849 |
| 2023 Total Consumer Spending : | $ 222 M | $ 797 M | $ 1301 M |
| 2023 Median Age : | 37 | 39 | 41 |
| 2023 Total Households : | 2,855 | 9,828 | 15,916 |
| 2023 Pop Age 25+: Bachelor's Degree : | 915 | 4,091 | 6,701 |
| 2023 Average Home Value : | $ 388,636 | $ 379,289 | $ 383,305 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Richard Jackson Boulevard | Panama City Beach Pky | 2022 | 15,100 | 0.40 mi |
| Richard Jackson Boulevard | Paddock Club Dr | 2021 | 16,800 | 0.41 mi |
| Hutchison Boulevard | S Glades Trl | 2022 | 19,100 | 0.80 mi |
| Hutchison Boulevard | Beckrich Rd | 2021 | 25,000 | 0.80 mi |
| Hutchison Boulevard | Geneva Ave | 2022 | 21,700 | 0.82 mi |
| Richard Jackson Boulevard | Hutchison Blvd | 2022 | 7,500 | 0.82 mi |
| Alf Coleman Road | Panama City Beach Pky | 2022 | 9,400 | 0.84 mi |
| Alf Coleman Road | Cabana Blvd | 2021 | 11,000 | 0.84 mi |
| Panama City Beach Pky | Alf Coleman Rd | 2005 | 38,000 | 0.86 mi |
| Churchwell Drive | White Sandy Dr | 2022 | 1,900 | 0.97 mi |
North Aurora, IL
Cap Rate 6.25%
Lease NN+
R. Term 8.90 yrs
Size/SF 3,756
Rapid City, SD
Cap Rate 6.25%
Lease NN+
R. Term 9.10 yrs
Size/SF 3,540
Kernersville, NC
Cap Rate 6.00%
Lease NN+
R. Term 7.50 yrs
Size/SF 4,200
Blue Springs, MO
Cap Rate 6.15%
Lease NN+
R. Term 9.10 yrs
Size/SF 4,200
Bradenton, FL
Cap Rate 5.95%
Lease NN+
R. Term 7.10 yrs
Size/SF 4,069
Festus, MO
Cap Rate 6.65%
Lease NN+
R. Term 15.10 yrs
Size/SF 4,654
O'Fallon, MO
Cap Rate 6.50%
Lease NN+
R. Term 13.10 yrs
Size/SF 5,040
Concord, NC
Cap Rate 5.85%
Lease NN+
R. Term 7.90 yrs
Size/SF 4,262
St. Peters, MO
Cap Rate 6.50%
Lease NN+
R. Term 14.60 yrs
Size/SF 4,925
Longwood, FL
Cap Rate 6.00%
Lease NN+
R. Term 8.10 yrs
Size/SF 5,826
Valley Park, MO
Cap Rate 6.50%
Lease NN+
R. Term 13.40 yrs
Size/SF 5,080
Lufkin, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 8,000
La Porte, IN
Cap Rate 6.35%
Lease NN+
R. Term 14.60 yrs
Size/SF 3,726
Pooler, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 16,406
Corbin, KY
Cap Rate 6.35%
Lease NN+
R. Term 13.30 yrs
Size/SF 3,726
Lincoln, AL
Cap Rate 6.35%
Lease NN+
R. Term 13.50 yrs
Size/SF 3,726
Paris, KY
Cap Rate 6.55%
Lease NN+
R. Term 14.40 yrs
Size/SF 3,726
Jacksonville, AL
Cap Rate 6.35%
Lease NN+
R. Term 14.20 yrs
Size/SF 3,726
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
