RARE LEASE STRUCTURE
- One of the first Abs. NNN Leased Heartland Dentals
- Zero landlord responsibilities
- 12 Years lease with four (4) five (5) year extensions
- 10% rental Increases every 5 years and in option periods
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
OUTPARCEL TO TOP PERFORMING CENTER
- Site is positioned in front of the Landing at Tradition Shopping Mall - a 651K SF Power Center
- This shopping center has a 0% vacancy rate according to Costar. com
- Shopping Center Anchor tenants include: Burlington, T.J. Maxx, Target, and more
NEW CONSTRUCTION
- The Building has recently been built to suit the tenant’s specifications
- Tenant has paid to add specific capital improvements to enhance operational performance
LOCATED IN DENSE RETAIL NODE
- Within a 1-mile radius of the site there is more than 1.1M SF of retail space
- Vacancy rate for that 1-mile radius around the site is 0%
- Nearby National Retail Tenants Include: Target, Walmart Supercenter, The Home Depot, Bass Pro Shops, and much more
NEARBY MEDICAL CENTER
- Just 1.1 miles from the site is the 201,000 SF 90 bed Tradition Medical Center
- The Hospital was built in 2013 and expanded in 2017 employs more than 3,000 employees with a strong economic impact in the community