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
NEW CONSTRUCTION IN A HIGH TRAFFICKED CORRIDOR
- The Building has recently been built to suit the tenant’s need
- Transferable warranties in place
- According the placer. ai the Bojangles next door is ranked in the 92% percentile nationwide in terms of visits
- Along S Main St there are more than 14,500 Vehicles Per Day
BUILT IN CUSTOMER BASE: NEARBY SCHOOLS
- Site is positioned as an outparcel to Rolesville Charter Academy with over 750 students providing an influx of customers
- Situated less than 1.5 miles from the site are two more schools with over 1,600 more students combined
- Directly northeast of the site is Rolesville Middle School with more than 1,000 students while Thales Academy is a mile away with around 650 students
NEARBY DEVELOPMENT
- Site is positioned across the street from a new Publix anchored shopping center that is set to deliver in late 2025
- Less than half a mile from the site are 140 newly constructed townhomes (Wallbrook Townhomes)
- These two developments will have an additional 75K SF of retail, restaurant, fitness, office space, and more coming following the townhomes
RALEIGH, NC MSA
- Raleigh, NC ranked #3 in 2023 of best residential markets (Rocket Mortgage)
- Raleigh forecasts a 44% job growth over the next 10 years (3.0% growth from 2021 to 2022)
- Raleigh ranked #3 in best places to live for 2023-2024 (U.S. News)