3911 Challenger Ave, Roanoke, VA 24012

ABS. NNN 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

HARD-CORNERED SITE

• Prominent hard-corner positioning at the signalized intersection of Challenger Ave (Route 460) and Carson Rd

• Excellent access and visibility to over 34,000 vehicles per day

POSITIONED IN DENSE RETAIL NODE

• Within a 1-mile radius of the site is more than 491K SF of retail space

• Vacancy Rate within that radius is 0.3%

• Nearby national retailers include: Kroger, Lowe’s Home Improvement, Walmart Supercenter, and more

NEW CONSTRUCTION IN A HIGH TRAFFICKED CORRIDOR

• The Building has recently been constructed to suit the tenant’s need

• Site is positioned off of busy SR 64 E (31K VPD)

HIGH GROWTH ROANOKE-DANVILLE-LYNCHBURG, MSA

• The Roanoke–Danville–Lynchburg regional market is forecasted to grow ~1.8% over the next 5 years (from ~1,139,848 to ~1,160,033)

• Roanoke MSA population ~315,749 in 2024

• Lynchburg MSA’s median household income has risen steadily, now ~$67,782

• The combined corridor is seeing reinvestment and expansion in retail, medical, and residential sectors as the geographic crossroads between two growth hubs of southern/central Virginia