4033 Fountain Ln - Medical FOR SALE
Horn Lake, MS 38637 |
$3,545,451 USD
510-684-0574
4033 Fountain Ln
Horn Lake, MS 38637
HIGHLIGHTS
- Best in Class Tenant: Heartland is the country’s largest network of dental practices with over 1,800 locations, 2,800 doctors, and 20,000 employees.
- Recession Resistant, $187 Billion Industry: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
- Robust & Growing Retail Corridor: The property sits within an extremely well positioned retail corridor that has sprouted up over the past decade.
- High Growth Market Within Memphis MSA: The NW Mississippi suburbs of Memphis have boasted strong growth over the past five years
- Absolute NNN Lease: Healthcare properties are rarely offered as completely hands off investments with no landlord responsibilities.
- Incredible Inflation Hedge: The new 10% rent increase schedule in years 6, 11, and 13 would grow the rent by over 33%
FOR SALE DETAILS
PRICE
$3,545,451 USD
PRICE/SF
$787 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Heartland Dental
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
34
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
-
APN/PARCEL ID
1089322600000500
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
510-684-0574
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
510-684-0574
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
