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Heartland Dental 2720 John Hawkins Pky

4,878 SF Retail Building Hoover, AL 35244 $2,500,000 ($513/SF) 7.42% Cap Rate

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Investment Highlights

on the major retail corridor in Hoover
long term lease with 3 options

Costco and Walmart on either side of the property
rent increases with each option plus CAM

Executive Summary

Trust Sale - This NNN freestanding building is tenanted by Heartland Dental located in the heart of Hoover. Retail surrounding the property include Costco, Embassy Suites, Walmart, Auto Dealerships, Publix, Aldi and numerous restaurants. 6 years remaining on the initial term with three 5 year options. Each option has a substantial increase rent and CAM. Delta Dental is a major credit tenant and is owned by KKR with nearly 1750 locations in 39 states.

2720 John Hawkins Pky_Offering Memorandum