Heartland Dental

  • $3,829,763

Overview

  • Heartland Dental
    Tenant(s)
  • $3,829,763
    Price
  • 5.50%
    CAP Rate
  • $165,000
    Net Operating Income (NOI)
  • 12 Years
    Lease Term
  • 10% Every 5 Years & In Year 11
    Increases
  • 1/12/2025
    Rent Commencement
  • Abs. NNN
    Lease Type
  • 1/31/2037
    Lease Expiration
  • 3 x 5 Yr
    Options
  • 4,828
    Building Size (SF)
  • 2025
    Year Built
  • 0.75
    Land Size (AC)
  • Corporate
    Guaranty
  • None
    Landlord Responsibilities

Description

About Property

STONECLIFF is pleased to present the exclusive listing for a Heartland Dental located at 100 Marshall Dr, Louisville, KY 40207. The site consists of roughly 4,828 rentable square feet of retail space on an estimated 0.75-acre parcel of land. This Heartland Dental is subject to a 12-year Absolute Triple Net (NNN) Lease with 11+-Years Remaining. The annual rent is $210,637 with scheduled 10% rental increase Every 5 Years & In Year 11.

Investment Highlights

  • Located in dense retail corridor including Mall St. Matthews (1.0M SF), Oxmoor Center (900K SF), and the Shelbyville Road Plaza retail corridor featuring Whole Foods, Target, and Trader Joe’s.
  • 9 miles east of Downtown Louisville
  • 11 miles from Louisville Muhammad Ali International Airport, which handled over 4 million passengers in 2024
  • Strong Demographics within a 5-mile radius, the area boasts a population of 228,569 residents
  • Conveniently located near St. Matthews Elementary School and Waggener High School, providing strong connectivity to nearby family-oriented neighborhoods.

Property Documents

Heartland-Dental_KY_Louisville-OM

Contact Information

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