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| Price $3,038,000 $3,118,000 | Built/Renov 2022 | Tenant Heartland Dental |
| Cap Rate 6.01% 5.85% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
4,365
| Lease Start
06-22-2022
| #Units
1,700
|
| Price/SF $695.99 $714.32 | Expiration
06-30-2032
| Tenant Type Medical/Health |
| NOI $182,457 | R. Term 7.1 | Ownership Fee Simple |
| Rent/SF
$41.80
| Increases 10.0%/3/yrs | Pop 5Mi 46,662 |
| Lot/AC 1.47 | Options 4/5yrs/10% | AHHI 5Mi $109,140 |
| | |
This Heartland Dental site is conveniently located at the intersection of May River Rd (14K VPD) and Okatie Hwy (25.4K VPD), with access from both roads. It is positioned next to a newly built Publix anchored shopping center, with other tenants including Starbucks, Wendy’s, and more, creating a strong consumer drive to the trade area. The site benefits from being across the Street from New...
...New construction
Near major nationals
Shopping Ctr out-parcel
Highway location
Strong tenant synergy
Affluent AHHI $100K 5 Mi
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 : | 6,115 | 24,082 | 41,097 |
| 2023 Total Population : | 6,269 | 24,454 | 40,947 |
| 2023 Employed Civilian Pop : | 3,240 | 12,708 | 20,107 |
| 2023 Total Businesses : | 409 | 1,538 | 1,945 |
| 2023 Average Household Income : | $ 94,186 | $ 97,600 | $ 109,192 |
| 2023 Total Consumer Spending : | $ 182 M | $ 779 M | $ 1509 M |
| 2023 Median Age : | 35 | 36 | 38 |
| 2023 Total Households : | 2,246 | 9,225 | 16,020 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,162 | 4,490 | 8,405 |
| 2023 Average Home Value : | $ 424,932 | $ 447,360 | $ 489,204 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Bruin Road | Maiden Ln | 2021 | 7,300 | 0.10 mi |
| Bruin Rd | Maiden Ln | 2010 | 4,800 | 0.14 mi |
| Boundary Street | Lawton St | 2021 | 3,200 | 0.14 mi |
| Boundary St | Lawton St | 2010 | 3,000 | 0.18 mi |
| Pritchard Street | Maiden Ln | 2021 | 375 | 0.26 mi |
| Schults Road | Schultz Rd | 2021 | 450 | 0.27 mi |
| Pritchard St | Maiden Ln | 2010 | 1,300 | 0.28 mi |
| Wharf Street | Lawrence St | 2021 | 850 | 0.31 mi |
| Bruin Rd | Hawkes Rd | 2005 | 5,700 | 0.34 mi |
| Pin Oak St | Jason St | 2005 | 1,200 | 0.44 mi |
Panama City Beach, FL
Cap Rate 5.90%
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Tucson, AZ
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Paris, KY
Cap Rate 6.55%
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Cap Rate 6.18%
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Corpus Christi, TX
Cap Rate 5.25%
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Size/SF 7,160
Jacksonville, AL
Cap Rate 6.35%
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Rapid City, SD
Cap Rate 6.25%
Lease NN+
R. Term 9.10 yrs
Size/SF 3,540
Blue Springs, MO
Cap Rate 6.15%
Lease NN+
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Washington, MO
Cap Rate 6.65%
Lease NN+
R. Term 13.70 yrs
Size/SF 5,000
Festus, MO
Cap Rate 6.65%
Lease NN+
R. Term 15.10 yrs
Size/SF 4,654
La Porte, IN
Cap Rate 6.35%
Lease NN+
R. Term 14.60 yrs
Size/SF 3,726
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
