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Heartland Dental 32 Office Park Dr

4,299 SF Office Building Jacksonville, NC 28546 £1,154,541 (£269/SF) 7.50% Net Initial Yield

Investment Highlights

  • Heartland is the country’s largest network of dental practices with over 1,700 locations, 2,800 doctors, and 20,000 employees.
  • Office Park Drive is home to several specialty dental practices, which benefits this Heartland location through patient referrals.
  • $187 BILLION INDUSTRY: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
  • Heartland signed a 10-year lease at the location when purchasing the business in 2019, demonstrating a commitment to this location.
  • he rent increases by the greater of 1.5% or CPI annually, offering investors the ability to truly keep pace with inflation over time.
  • CONTACT THE BROKER FOR GROUPED OR PORTFOLIO PRICING

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,299 SF
Building Class
B
Year Built
1996
Price
£1,154,541
Price Per SF
£269
Net Initial Yield
7.50%
NOI
£86,591
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,299 SF
Building FAR
0.11
Lot Size
0.90 AC
Zoning
O&I
Parking
9 Spaces (2.09 Spaces per 1,000 SF Leased)

Links

1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 351H-15
  • 351H-16
 Improvements Assessment £544,171
Land Assessment £234,735 Total Assessment £778,906

PROPERTY TAXES

Parcel Numbers
Multiple
  • 351H-15
  • 351H-16
Land Assessment
£234,735
Improvements Assessment
£544,171
Total Assessment
£778,906
(310) 955-1774

Contacts

  • Listing ID: 34111727

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 32 Office Park Dr, Jacksonville, NC 28546

The Office Property at 32 Office Park Dr, Jacksonville, NC 28546 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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32 Office Park Dr, Jacksonville, NC for sale Building Photo- Image 1 of 4
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32 Office Park Dr, Jacksonville, NC for sale Building Photo- Image 2 of 4
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© 2024 CoStar Group

Heartland Dental | 32 Office Park Dr
(310) 955-1774 x

Heartland Dental | 32 Office Park Dr

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Thor St John

(310) 955-1774

(310) 955-1774

Michael Moreno

(949) 432-4511

(949) 432-4511

Rahul Chhajed

(818) 434-1106

(818) 434-1106

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