Listed by Marcus & Millichap - Columbus, Marcus & Millichap - Phoenix
$3,579,600
Heartland Dental | Abs NNN
Details
Property Type Retail, Office
Sub Type Medical Office
Square Footage 4,000
Cap Rate 5.5%
NOI $196,880
Occupancy 100%
Tenancy Single
Brand/Tenant Heartland Dental
Lease Type Absolute NNN
Lease Term 12
Lease Expiration 03/31/2038
Remaining Term 12
Rent Bumps Yes
Lease Options 4, 5 Year Options
Year Built 2026
Acreage 1.360
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/12/2026
Ground Lease No
New 12-Yr Abs NNN | Huntsville MSA
Marketing description
- Brand New 12-Year Absolute NNN Lease with Corporate Guaranty by Heartland Dental
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- New High-Quality 2026 Construction
- Located in a Major Retail Corridor With National Tenants Including Walmart Supercenter, Lowe’s Home Improvement, McDonald’s, Anytime Fitness, and More
- Easily Accessible Location Along US Highway 431 (30,900+ Cars per Day), Owen Cross Roads’ Primary Thoroughfare
- Situated in the Huntsville MSA, ±12 Minutes from Downtown Huntsville
- ±20 Minutes from The University of Alabama in Huntsville (10,500+ Students)
Investment highlights
Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support.
Owens Cross Roads is a family-oriented community located at the foothills of the Appalachian Mountains, known for its quiet residential neighborhoods, scenic landscapes, and proximity to outdoor recreation. It is part of the Huntsville MSA, one of the fastest-growing and most economically dynamic regions in the southeastern United States.
Listing Contacts
Listed by Marcus & Millichap - Columbus, Marcus & Millichap - Phoenix
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$196,880.00
$16,406.67/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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