Heartland Dental - Net Lease Property for Sale
Schertz, TX
Key Investment Metrics
Price
$3,037,000
Cap Rate
5.2%
Net Operating Income
$156,400
Building Size
3386 SF
Lot Size
3,386 SF
Land Area
0.85 Acres
Remaining Term
10.5 years
Lease Expiration
01/30/2036
Lease Term
12 years
Lease Commencement
01/11/2024
Lease Type
Absolute NNN
Year Built
2005
Occupancy
100%
Tenancy
Single
Rent Increases
10% in Year 6, Year 11 and Options
About This Heartland Dental Net Lease Property
This Heartland Dental NNN (triple net lease) property is located in Schertz, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 3386 square feet of building space and was built in 2005.
With a cap rate of 5.2%, this Heartland Dental net lease property offers stable income potential. The asking price is $3,037,000, making it an attractive option for 1031 exchange investors seeking quality Heartland Dental commercial properties.
Why Invest in Heartland Dental NNN Properties?
- Stable Income: Heartland Dental net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Heartland Dental is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Schertz, TX Market Overview
Located in Schertz, TX, this Heartland Dental property benefits from strong local demographics and market fundamentals. The Schertz area offers excellent visibility and accessibility, making it an ideal location for Heartland Dental operations and a solid investment for net lease property buyers.