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
- 2024 Total Revenue was over $3B
POSITIONED IN HIGH DEMAND RETAIL CORRIDOR
- This Heartland Dental is positioned along the busy commuter thoroughfare Hardscrabble Rd (25.7K VPD) with full access into the site
- Within a 1-mile radius of the site is more than 517K SF of retail space boasting a 2.2% vacancy rate
- Nearby National Retailers Include: Publix Super Market, Food Lion, Lowe’s Home Improvement, Kroger Marketplace, and more
CLOSE PROXIMITY TO LARGE STUDENT CUSTOMER BASE
- Site is located across the street from the Lake Murray Montessori School with just under 100 students
- Under 0.75 miles from the site is Rice Creek Elementary with over 750 students
- Just one mile from the site along Hardscrabble road is Ridge View High School which has over 1,700 students
STRONG DEMOGRAPHICS IN SC’S STATE CAPITAL
- Surrounding the site within a 1-mile radius the population exceeds 10K people with an AHHI over $90,000
- In a 5-mile radius there are more than 113K potential customers with an AHHI greater than $100,000
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