620 S Union Ave - Office FOR SALE
Havre De Grace, MD 21078 |
$695,104 USD
310-955-1774
620 S Union Ave
Havre De Grace, MD 21078
HIGHLIGHTS
- Heartland is the country’s largest network of dental practices with over 1,700 locations, 2,800 doctors, and 20,000 employees.
- They have consistently added new locations every year since the company was founded in 1995, and currently are growing at nearly 100 locations p/yr
- Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
- The rent increases by the greater of 2.5% or CPI annually, offering investors the ability to truly keep pace with inflation over time.
- Heartland signed a 10-year lease at the location when purchasing the business in 2019, demonstrating a commitment to this location.
- The property offers investors the opportunity to acquire a long-term NNN lease with a national tenant at under $800,000.
FOR SALE DETAILS
PRICE
$695,104 USD
PRICE/SF
$281 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
HEARTLAND DENTAL
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.15 AC
LAND SF
6,600 SF
ZONING
RO, Havre de Grace
APN/PARCEL ID
06-025587
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310-955-1774
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310-955-1774
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