Heartland Dental — Sale in Richmond, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Richmond, IN 47374

Photos

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Investment Figures

Cap rate
5.65%

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

Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support. The city of Richmond is located on the Ohio/Indiana border, roughly 70 miles east of Indianapolis and 40 miles west of Dayton. With over 35,700 residents, Richmond is the most populous city in, and the county seat of, Wayne County. Investment Highlights: • Brand New 12-Year Absolute Triple-Net Lease with Corporate Guaranty by Heartland Dental • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options • New High-Quality 2025 Construction • Outparcel to Meijer and Surrounded by National Tenants, Including Chipotle, McDonald's, CVS Pharmacy, and Wendy's • Down the Road from 800,000-Square-Foot Reid Hospital Regional Medical Center with 189 Beds and Approximately 3,500 Employees • Adjacent to Approximately 5,100 Students at Indiana University East, Ivy Tech Community College, and Purdue Polytechnic University • Easily Accessible Location Along Chester Blvd (Approximately 19,740 Cars per Day) and Immediately Off Interstate 70, Connecting Richmond to Indianapolis and Dayton, Ohio

Market Context

This office in Richmond, IN is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Richmond, IN — view the full market.

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