loader
Join Free
Views: 79 Updated: 06.09.24 Posted: 11.02.23 Status: Inactive

Summary

Price $2,998,000
Built/Renov 2023
Tenant Heartland Dental
Cap Rate 6.01%
Lease Type NN+
Guarantor Corp T and Rated
Size/SF 4,200
Lease Start 02-12-2024
#Units 1,700
Price/SF $713.81
Expiration 02-28-2034
Tenant Type Medical/Health
NOI $180,180
R. Term 9.8
Ownership Fee Simple
Rent/SF $42.90
Increases 10.0%/5/yrs
Pop 5Mi 152,488
Lot/AC 1.22
Options 3/5yrs/10%
AHHI 5Mi $68,279

Lease Highlights

  • Brand new 2023 construction
  • Heartland Dental recently signed a new 10-year lease with 3 (5-year) options to extend
  • The lease features 10% rental increases every 5 years
  • Favorable NN+ lease | 20-year roof transferable warranty in place
  • Corporate guaranteed lease

Location Description

Heartland Dental is strategically located at the signalized, hard corner intersection of Bannister Road and Hillcrest Road (22,600+ VPD), and is a pad to Pioneer Plaza, a new Price Chopper anchored shopping center. Furthermore, it is located at the entrance to the New Oracle Cerner Innovations Campus, (290-acres), one of the largest office parks in the Kansas City Region, hosting an estimated...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About 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...


...

Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 4,528 51,932 151,678
2023 Total Population : 4,635 52,182 152,456
2023 Employed Civilian Pop : 2,449 26,009 79,020
2023 Total Businesses : 107 914 4,592
2023 Average Household Income : $ 60,687 $ 67,543 $ 80,301
2023 Total Consumer Spending : $ 99 M $ 1288 M $ 4629 M
2023 Median Age : 34 35 39
2023 Total Households : 1,865 21,743 66,107
2023 Pop Age 25+: Bachelor's Degree : 582 5,884 23,055
2023 Average Home Value : $ 161,642 $ 186,874 $ 220,671
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Drury Ave E Bannister Rd 2010 970 0.10 mi
Drury Ave E Bannister Rd 2010 1,650 0.11 mi
E Bannister Rd Marion PkDr 2015 18,664 0.15 mi
Hillcrest Rd E 96 Pl 2012 4,930 0.16 mi
E 93 St 2022 180 0.17 mi
Hillcrest Road E Bannister Rd 2022 189 0.17 mi
Marion Park Dr E Bannister Rd 2010 3,800 0.18 mi
Marion Park Dr E Bannister Rd 2010 630 0.18 mi
E Bannister Rd 2022 5,080 0.29 mi
E Bannister Rd 2022 4,393 0.33 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

NEWSLETTER SIGN UP

Subscribe
my activity