1207 Highway 74 S - Medical FOR SALE


Peachtree City, GA 30269
$3,032,000 USD
415-852-5177
1207 Highway 74 S, Peachtree City, GA for Sale
$3,032,000 USD
Medical - FOR SALE
1/5
null | 6% Cap Rate

1207 Highway 74 S
Peachtree City, GA 30269


HIGHLIGHTS

  • Leased to Heartland Dental for 10 years plus four (4) five-year options
  • 10% fixed rental increases every five years in initial term and extension terms
  • Heartland Dental, LLC is the largest dental support organization in the U.S., with more than 1,700 supported dental offices located in 38 states
  • Heartland Dental is majority owned by KKR, the largest global investment company in the world with over $504B under management
  • Heartland Dental continues impressive national growth with 94 new locations opened in 2023

OVERVIEW

This Heartland Dental is located along Joel Cowan Parkway (21,400 vehicles per day), the main automotive thoroughfare running through the center of Peachtree City, connecting Heartland Dental to the entirety of the Peachtree City community and other retail centers The property services a robustly affluent area, with an average annual household income of $169,787 within a one-mile radius of the location The site is staged to grow along with the surrounding area, with a projected 13% average annual household income increase within a one-mile radius of the site in the next five years This location is surrounded by a strong mix of national and local retailers, including Publix, Walmart, The Home Depot, Waffle House, AutoZone, Panera Bread, Chick-fil-A, Walgreens, Starbucks, and many others Heartland Dental is perfectly situated to service Starr’s Mill High School with 1,343 students and the Atlanta Regional Airport (1.2 million 2023 passengers), greatly increasing day-time traffic to the property The property is a short drive to Southern Crescent Technical College (7,647 students) and 30 miles from Downtown Atlanta, which welcomes over 42 million visitors annually

FOR SALE DETAILS

PRICE

$3,032,000 USD

PRICE/SF

$487 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,217 SF

ZONING

C GC

APN/PARCEL ID

06-09-00-024

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.