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
- 2023 Total Revenue was $3B
WASHINGTON, D.C. MSA
- Located just 14 miles from Dulles International Airport which services over 20 million people annually
- The Washington MSA is one of the countries most educated and affluent MSA’s in the country
- Washington’s GMP (Gross metropolitan product) is over $541B, making it the 5th largest metro in the Country
RECENT RENOVATION
- Located at a lighted intersection of Potomac Station Dr
- The Building has recently been converted to suit the tenant’s specifications
- Tenant has paid to add specific capital improvements to enhance operational performance
DENSE RETAIL NODE
- Adjacent to the site is Potomac Station, a 1,400+ home residential community
- Within a 1-mile radius of the site is more than 2.4M SF of retail space
- Nearby national retailers include: Lowe’s Home Improvement, ALDI, Giant Food, Best Buy, Wegmans, and more
HIGHLY AFFLUENT DEMOGRAPHICS
- The average household income for 1,3,5 mile radiuses are all over $190K
- The AHHI for all three boundaries are more than double the national average of $80K
- With more than 120K people within a 5-mile radius, there is a large customer base
- Across the Street from Harper Park Middle School (880 Students) and John W Tolbert (615 Students)