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HEARTLAND DENTAL 3707 Symi Cir

2,400 SF Office Building Morehead City, NC 28557 $498,462 ($208/SF) 6.50% Cap Rate

Medical Offices North Carolina Morehead City 3707 Symi Cir, Morehead City, NC 28557

Investment Highlights

  • Heartland is the country’s largest network of dental practices with over 1,700 locations, 2,800 doctors, and 20,000 employees.
  • Heartland signed a 10 year lease at the location when purchasing the business in 2023
  • The property has been operating as a dental practice for well over a decade, providing a buyer a high level of comfort
  • Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
  • The property offers investors the opportunity to acquire a long-term NNN lease with a national tenant at under $500,000
  • It is costly for dental practices to relocate due to having one of the highest build-out costs across all medical specialties.

Executive Summary

Kyle Matthews
License No. C38369 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,400 SF
Building Class
B
Year Built/Renovated
1989/2006
Price
$498,462
Price Per SF
$208
Cap Rate
6.50%
NOI
$32,400
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,400 SF
Building FAR
0.16
Lot Size
0.33 AC
Zoning
MA

Links

1 of 1

PROPERTY TAXES

Parcel Number 6376.14.33.6628000 Improvements Assessment $248,122
Land Assessment $143,212 Total Assessment $391,334

PROPERTY TAXES

Parcel Number
6376.14.33.6628000
Land Assessment
$143,212
Improvements Assessment
$248,122
Total Assessment
$391,334
(310) 955-1774

Contacts

  • Listing ID: 34098205

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 3707 Symi Cir, Morehead City, NC 28557

More public record information on 3707 Symi Cir, Morehead City, NC 28557

The Office Property at 3707 Symi Cir, Morehead City, NC 28557 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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HEARTLAND DENTAL | 3707 Symi Cir
(310) 955-1774 x

HEARTLAND DENTAL | 3707 Symi Cir

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Thor St John

(310) 955-1774

(310) 955-1774

Michael Moreno

(949) 432-4511

(949) 432-4511

Rahul Chhajed

(818) 434-1106

(818) 434-1106

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