Heartland Dental | 2055 Spring Stuebner Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Heartland Dental 2055 Spring Stuebner Rd
4,260 SF Retail Building Spring, TX 77389 £2,202,099 (£517/SF) 5.85% Net Initial Yield
Investment Highlights
- CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- ATTRACTIVE LEASE FUNDAMENTALS
- HIGH GROWTH HOUSTON MSA
Executive Summary
ATTRACTIVE LEASE FUNDAMENTALS
- NN Lease Provides Minimal Landlord Responsibilities
- Corporate Guaranty by Heartland Dental
- 10% Rental Increases every 5 years, including option periods
CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- Heartland Dental is the largest dental support organization in the United States
- Over 1,700 Locations
- 2022 Total Revenue was $2.8B
NEW CONSTRUCTION
- Recently constructed building to Tenant’s suit with transferable warranties
LOCATED IN HIGHLY AFFLUENT HOUSTON, TX SUBURB
- Nearly 70K people live within a 3-mile radius
- AAHI within a 3 mile radius exceeds $118K
HIGH VISIBILITY IN RETAIL NODE
- Fronting Spring Stuebner Rd (19,393 VPD) at a full access intersection
- Out parcel to Berkshire Exchange, a 352 unit apartment complex
- Over 250K SF of retail located in a mile radius (National Tenants include: Kroger, Chick-Fil-A, Wingstop, and Popeyes)
HIGH GROWTH HOUSTON MSA
- Houston MSA is considered the 2nd fastest growing metro in the Country (1.5% annual population growth)
- 7th Largest Metro Economy
- 26 Fortune 500 companies are headquartered in Houston
- NN Lease Provides Minimal Landlord Responsibilities
- Corporate Guaranty by Heartland Dental
- 10% Rental Increases every 5 years, including option periods
CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- Heartland Dental is the largest dental support organization in the United States
- Over 1,700 Locations
- 2022 Total Revenue was $2.8B
NEW CONSTRUCTION
- Recently constructed building to Tenant’s suit with transferable warranties
LOCATED IN HIGHLY AFFLUENT HOUSTON, TX SUBURB
- Nearly 70K people live within a 3-mile radius
- AAHI within a 3 mile radius exceeds $118K
HIGH VISIBILITY IN RETAIL NODE
- Fronting Spring Stuebner Rd (19,393 VPD) at a full access intersection
- Out parcel to Berkshire Exchange, a 352 unit apartment complex
- Over 250K SF of retail located in a mile radius (National Tenants include: Kroger, Chick-Fil-A, Wingstop, and Popeyes)
HIGH GROWTH HOUSTON MSA
- Houston MSA is considered the 2nd fastest growing metro in the Country (1.5% annual population growth)
- 7th Largest Metro Economy
- 26 Fortune 500 companies are headquartered in Houston
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,260 SF
Building Class
B
Year Built
2021
Price
£2,202,099
Price Per SF
£517
Net Initial Yield
5.85%
NOI
£128,838
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
1.14 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1373870010004 | Improvements Assessment | £876,168 |
| Land Assessment | £592,128 | Total Assessment | £1,468,296 |
PROPERTY TAXES
Parcel Number
1373870010004
Land Assessment
£592,128
Improvements Assessment
£876,168
Total Assessment
£1,468,296
-
David Hoppe -
Ben McCarter -
Ben Olmstead -
Atlantic Capital Partners
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Heartland Dental | 2055 Spring Stuebner Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.