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| Price $2,791,000 | Built/Renov 2021 | Tenant Heartland Dental |
| Cap Rate 5.85% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
4,187
| Lease Start
09-01-2021
| #Units
1,700
|
| Price/SF $666.59 | Expiration
08-31-2031
| Tenant Type Medical/Health |
| NOI $163,293 | R. Term 6.9 | Ownership Fee Simple |
| Rent/SF
$39.00
| Increases 10.0%/2/yrs | Pop 5Mi 253,680 |
| Lot/AC 0.57 | Options 4/5yrs/10% | AHHI 5Mi $114,405 |
| | |
Heartland Dental is strategically located on Spring Stuebner Road, with access to 19,393 vehicles passing by daily. The property serves as an outparcel to Berkshire Exchange, a 352-unit apartment complex. Within a one-mile radius, there are over 250,000 square feet of retail space, featuring well-known national tenants such as Kroger, Chick-Fil-A, Wingstop, Dunkin', Popeyes, and more....
...Build to suit
Roof guarantee
Near major nationals
Strategically located
Top 100 MSA
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 : | 8,496 | 73,883 | 261,950 |
| 2023 Total Population : | 7,638 | 68,532 | 253,680 |
| 2023 Employed Civilian Pop : | 3,928 | 35,810 | 133,225 |
| 2023 Total Businesses : | 368 | 3,150 | 9,577 |
| 2023 Average Household Income : | $ 116,402 | $ 118,192 | $ 114,405 |
| 2023 Total Consumer Spending : | $ 331 M | $ 2525 M | $ 8912 M |
| 2023 Median Age : | 34 | 36 | 35 |
| 2023 Total Households : | 3,295 | 24,960 | 90,785 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,074 | 11,711 | 45,483 |
| 2023 Average Home Value : | $ 250,488 | $ 287,891 | $ 296,269 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Spring Stuebner Road | I- 45 | 2019 | 23,814 | 0.42 mi |
| Spring Stuebner Rd | I- 45 | 2011 | 17,200 | 0.47 mi |
| Spring Stuebner Rd | Windsor Castle Dr | 2002 | 11,637 | 0.55 mi |
| Spring Stuebner Rd | 2021 | 31,330 | 0.58 mi | |
| Spring Stuebner Rd | 2022 | 32,897 | 0.58 mi | |
| I- 45 | 2021 | 155,201 | 0.60 mi | |
| I- 45 | 2022 | 162,388 | 0.60 mi | |
| I- 45 | N FwySvc Rd | 2000 | 110,000 | 0.61 mi |
| I- 45 | 2021 | 33,250 | 0.63 mi | |
| I- 45 | 2022 | 34,913 | 0.63 mi |
Panama City Beach, FL
Cap Rate 5.90%
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Size/SF 3,600
Fort Myers, FL
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Daphne, AL
Cap Rate 6.55%
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Size/SF 3,762
North Aurora, IL
Cap Rate 6.25%
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Paris, KY
Cap Rate 6.55%
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Size/SF 3,726
Rapid City, SD
Cap Rate 6.25%
Lease NN+
R. Term 9.10 yrs
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Blue Springs, MO
Cap Rate 6.15%
Lease NN+
R. Term 9.10 yrs
Size/SF 4,200
Moncks Corner, SC
Cap Rate 5.85%
Lease NN+
R. Term 8.20 yrs
Size/SF 4,231
Festus, MO
Cap Rate 6.65%
Lease NN+
R. Term 15.10 yrs
Size/SF 4,654
Lufkin, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 8,000
O'Fallon, MO
Cap Rate 6.50%
Lease NN+
R. Term 13.10 yrs
Size/SF 5,040
Pooler, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 16,406
Menominee, MI
Cap Rate 6.75%
Lease Double NN
R. Term 13.11 yrs
Size/SF 4,540
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
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]
