Heartland Dental 2-Tenant Center
ANCHORED BY HEARTLAND DENTAL | 26-YR OPERATING HISTORY | SIGNIFICANT UPSIDE | HIGH-TRAFFIC LOCATION
Marketing description
This location has operated as a dental office for more than 26 years. Heartland Dental acquired the operations just over 5 years ago and recently exercised their first of three 5-year options. It’s a Net Lease with 1.5% Annual Increases, with the remaining two options at Fair Market Rent.
Heartland Dental occupies 4,500 SF on the first floor and the second floor is 1,500 SF and currently unoccupied, allowing for an investor to achieve a significant increase in returns. Leasing that space at $20 PSF Net has the potential to increase the NOI by almost 40%.
Investment highlights
Anchored By Heartland Dental
26-Year Operating History
Significant Upside
Low Price Point
High-Traffic Location North Of Houston
National Retailers Nearby
Hca Houston Healthcare
Robust & Affluent Demographics
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