Heartland Dental 12 Yr Nnn Lease — Sale in Loganville (Atlanta), GA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Loganville (Atlanta), GA 30052
Investment Figures
- Cap rate
- 5.35%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
RARE 12 YEAR ABSOLUTE NNN HEARTLAND DENTAL WITH 10% RENT INCREASES • This Heartland Dental has a 12 year corporate-guaranteed absolute NNN lease with 10% rent increases in year 6, year 11, and in each of the four 5 year option periods. • There are no landlord responsibilities. • The Tenant is responsible for Roof, Structure, Parking Lot, Insurance, and Utilities. ADJACENT OUTPARCEL TO PUBLIX ANCHORED SHOPPING CENTER | 1.5 MILLION CUSTOMERS/YEAR • This Heartland is positioned on Highway 20 (32,400 VPD) and is an outparcel to a Publix Anchored Shopping Center. • This Publix is a high performing location and ranks in the top 33% in GA against other Publix locations, and supports over 900K customers annually. • This Heartland is located 4 miles from the main retail corridor in Loganville with national retailers including Publix, Lowe’s Home Improvement, Walmart, The Home Depot, and more. • This Heartland is near multiple new residential developments, including the Independence by DR Horton, Dove Lake Community, and Greystone (924 homes). • New Retail developments along Hwy 20 include a Chase Bank, Starbucks, Chipotle, and more. POSITIONED AT THE ENTRANCE OF A 112 HOME DEVELOPMENT • This Heartland is positioned at the entrance of a newly developed active 55+ adult community, Seaboard Junction, with over 112 homes. • The subject property is less than a mile from Aspen Grove, a newly developed 81 home 55+ community. AFFLUENT NORTH ATLANTA SUBURB | 5 MILE POP: 133,189 W/5.50% GROWTH • Loganville is an affluent, high growth suburb of Atlanta, located 30 miles northeast of downtown Atlanta. • Loganville is one of the fastest-growing communities in Georgia with 133,189 people in a 5 mile radius and 24.39% growth between 2010-2020 • This Heartland is in a neighborhood location with 45,882 households in a 5 mile radius with average household incomes of $112,925. ATLANTA IS THE ECONOMIC HUB AND ENGINE OF THE SOUTHEAST • Atlanta is the hub and economic engine of the Southeast, whi
Market Context
This retail in Loganville (Atlanta), GA is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Loganville (Atlanta), GA — view the full market.
Contact
- Don McMinn · (678) 808-2762 · don.mcminn@marcusmillichap.com
- David Johnson · (678) 808-2739 · l.david.johnson@marcusmillichap.com
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