RARE LEASE STRUCTURE
- One of the first Abs. NNN Heartland Dental lease formats
- Zero landlord Responsibilities
- 12 Year lease with four (4) five (5) year extensions
- 10% Rental Increases every 5 years and in extensions
LARGEST DENTAL ORGANIZATION GUARANTY
- Heartland Dental is the largest dental support organization in the United States
- Over 1,800 Locations
- 2023 Total Revenue was $3B
TOURIST DESTINATION
- Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually
- Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021
- Home to 25 international companies, in the top 10 for Foreign Direct Investment
- The subject property is approximately 30 miles north of the Grand Strand
LOCATED IN HEALTHY RETAIL TRADE AREA
- Within a 1-mile radius of the site there is more than 1.8M SF of retail space boasting a 0.6% vacancy rate
- Nearby national retailers include: Kroger, Walmart Supercenter, Lowe’s Home Improvement, The Home Depot, and much more
NEWLY BUILT BUILDING AND FRONTING MAJOR HIGHWAY
- The Building has recently been built to suit the tenant’s need
- Warranties in place
- Site is positioned off of busy I-17 (44.1K VPD) with great visibility from the highway
MYRTLE BEACH MSA
- Over 40K people live in a 3-mile radius, which has grown at an annual rate of 2.9% over the last 5 years (According to
- Myrtle Beach has been named the fastest growing City in the US for 3rd straight year (U.S. News & World Report 2023)
- 42% increases from 2010