Lee & Associates has is pleased to exclusively market the sale of a Heartland Dental in Elkhorn, NE (Omaha, NE MSA.) The Premises is leased to Heartland Dental for a ten year initial term with 9 years remaining. The Asset was recently constructed and is located off of S. 204th Ave. It is surrounded by hundreds of new apartments, homes, and newly constructed retail in metro Omaha's most rapidly growing area.
ATTRACTIVE LEASE FUNDAMENTALS
NN Lease Provides Minimal Landlord Responsibilities
Corporate Guaranty by Heartland Dental
10% Rental Increases every 5 years, including option periods
CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
Heartland Dental is the largest dental support organization in the United States
Over 1,700 Locations
2022 Total Revenue was $1.2B
HIGH GROWTH OMAHA MSA
Omaha, NE has seen a ~2% population growth over the past 2 years and has seen a 13% population growth since 2000
In 2022, Douglas County’s GDP grew 9.2%, the most out any county with at least 500K residents
BURGEONING OMAHA SUBURB
Over 300 Multi-family units have delivered in a 1-Mile Radius in the past year pushing total unit count to ~1,100
245 additional units are under construction
Over 10K SF of retail has delivered in the past year with another 12.5K under construction, boasting a 0% vacancy rate