38668---100-Marshall-Dr-Louisville-KY_07

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Heartland Dental

100 Marshall Dr, Louisville, KY 40207

Heartland Dental

Price $3,829,763
CAP Rate 5.50%
Lease Term 12 Years
Net Operating Income (NOI) $210,637

Property Data

Building Size (SF) 4,828
Land Size (AC) 0.75
Year Built2025

Tenant(s) Heartland Dental
Guaranty Corporate
Lease Type Abs. NNN

Landlord Responsibilities None
Increases 10% Every 5 Years & In Year 11

Options 4 x 5 Yr
Rent Commencement 1/12/2025
Lease Expiration 1/31/2037

Offering Memorandum

Contact Broker

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.