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3617 W Sunset Avenue, Springdale, AR
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3617 W Sunset Avenue
Springdale, AR 72762 - Greater Springdale Submarket
Existing , Renov 2002
For Sale Price:
Free Surface spaces are available; Ratio of 4.2/1,000 SF
Air Conditioning, Bus Line, Conferencing Facility, Signage
Description for 3617 W. Sunset Avenue, Springdale, AR 72762
Investment Highlights :
Absolute NNN Lease - Landlord has zero responsibilities related to the management, maintenance, or repair of the subject property.
Attractive Rental Increases Two and a half percent (2.5%) rental increases annually, extending through the option period.
Strong Remaining Lease Term - The lease has approximately eleven (11) years remaining of the base lease term with one (1), ten (10) year option to renew.
Strong Guaranty - Lease is guaranteed by My Dentist Holdings, LLC and Heartland Dental Care, LLC. Heartland conducted the acquisition in October of 2013. Heartland Dental Care is one of the leading dental support organizations in the US with over 600 affiliated offices located in 26 states and $1 billion in revenue as of 2015.
Strong Location - The Property is strategically located directly off of West Sunset Ave, which sees 34,000 vehicles per day. The street is also home to Springdales primary national retailers.
Investment Overview :
Ten-X and Stan Johnson Company are pleased to present to qualified investors, the My Dentist in Springdale, AR. The property is 100% leased to and guaranteed by My Dentist Holdings, Inc.
The offering is comprised of an approximately 0.91 acre plot, along with the fee-simple ownership rights to a 4,951 square foot building 100% occupied by My Dentist. My Dentist leases the facility on an initial sixteen (16) year base lease term with one (1), ten (10) year option to renew.
Heartland Dental Care, LLC operates as a dental support organization in the United States. It supports affiliated dentists and team members by offering continuing professional education and leadership training, as well as non-clinical, administrative services, including, staffing, human resources, procurement, administration, financial, marketing, and information technology. The company was founded in 1982 and is based in Effingham, Illinois. Heartland Dental posted 2014 revenues in excess of $880 million.
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FOR SALE CONTACTS
Stan Johnson Company
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Stan Johnson Company
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