Heartland Dental - Net Lease Property for Sale
Key Investment Metrics
Price
$3,496,000
Cap Rate
5.5%
Net Operating Income
$192,280
Building Size
4370 SF
Lot Size
4,370 SF
Land Area
1.02 Acres
Remaining Term
9.2 years
Lease Expiration
02/28/2035
Lease Term
10 years
Lease Commencement
03/01/2025
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2019
Occupancy
100%
Tenancy
Single
Rent Increases
10% Increases Every 5 Years
About This Heartland Dental Net Lease Property
This Heartland Dental NNN (triple net lease) property is located in , MI and represents an excellent investment opportunity for commercial real estate investors. The property features 4370 square feet of building space and was built in 2019.
With a cap rate of 5.5%, this Heartland Dental net lease property offers stable income potential. The asking price is $3,496,000, 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.
, MI Market Overview
Located in , MI, this Heartland Dental property benefits from strong local demographics and market fundamentals. The area offers excellent visibility and accessibility, making it an ideal location for Heartland Dental operations and a solid investment for net lease property buyers.