This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Heartland Dental 100 Hansen Blvd

3,756 SF Retail Building North Aurora, IL 60542 $2,648,000 ($705/SF) 6.25% Cap Rate

Investment Highlights

  • Corporate backed 10 year lease term with minimal landlord responsibilities providing passive cash flow.
  • Heartland Dental is the country’s largest dental support organization with over 1,700 locations in 38 states. Total revenue eclipsed $1.2bn in 2022.
  • Average household income within 1 mile of the site is $137,500.
  • There are multiple points of entry from both Orchard and Oak Streets and interchange access to I-88 (75,900 VPD) is about 3/4 of a mile south.
  • The building was recently renovated to fit Heartland’s growing customer base, including renovations to the exterior and extensive interior build-out.

Executive Summary

Heartland Dental has had a presence in North Aurora since 2008 and is relocating from a multi-tenant medical office building in the sub-market, demonstrating their commitment to the customer base and historical profitability.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,756 SF
Building Class
B
Year Built
2008
Price
$2,648,000
Price Per SF
$705
Cap Rate
6.25%
NOI
$165,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.49 AC
Zoning
COMM
Parking
20 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
320 FT on Oak St

Amenities

  • Signage
  • Signalized Intersection
  • Drive Thru

Nearby Major Retailers

Starbucks
Woodman's Food Markets
Anytime Fitness
UFC Gym

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-06-155-011
Land Assessment
$155,520
Improvements Assessment
$257,371
Total Assessment
$412,891
  • Listing ID: 29950561

  • Date on Market: 11/2/2023

  • Last Updated:

  • Address: 100 Hansen Blvd, North Aurora, IL 60542

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}