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HEARTLAND DENTAL 7960 Lewis Ave

2,890 SF 100% Leased Retail Building Temperance, MI 48182 $632,594 ($219/SF) 7.50% Cap Rate

Retail Space Michigan Temperance 7960 Lewis Ave, Temperance, MI 48182

Investment Highlights

  • HEARTLAND DENTAL – LARGEST DENTAL OPERATOR: Heartland is the country’s largest network of dental practices with over 1,700 locations & 2,800 doctors
  • LONG-TERM LOCATION COMMITMENT: Heartland signed a 10 year lease at the location when purchasing the business in 2023.
  • ADVANTAGEOUS PER/SF METRICS: At a price of just $218/SF the property is priced below replacement cost.
  • $187 BILLION INDUSTRY: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
  • ACCESSIBLE INVESTMENT OPPORTUNITY: Property offers investors the opportunity to acquire a long-term NNN lease with a national tenant at under $650,000
  • STRONG HISTORICAL OCCUPANCY: The property has been operating as a dental practice for well over a decade.

Executive Summary

Matt Fitzgerald
License No. 6505432273 (MI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
2,890 SF
Year Built
1998
Price
$632,594
Price Per SF
$219
Cap Rate
7.50%
NOI
$47,455
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Land Acres
0.95 AC

Links

1 of 1

PROPERTY TAXES

Parcel Number 02-026-049-00 Improvements Assessment $0
Land Assessment $0 Total Assessment $257,100

PROPERTY TAXES

Parcel Number
02-026-049-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$257,100
(310) 955-1774

  • Listing ID: 34123236

  • Date on Market: 12/7/2024

  • Last Updated:

  • Address: 7960 Lewis Ave, Temperance, MI 48182

More public record information on 7960 Lewis Ave, Temperance, MI 48182

The Retail Property at 7960 Lewis Ave, Temperance, MI 48182 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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7960 Lewis Ave, Temperance, MI for sale Primary Photo- Image 1 of 4
_Heartland Dental (Tru Family Dental) - Hero 2 wm
7960 Lewis Ave, Temperance, MI for sale Building Photo- Image 2 of 4
_Heartland Dental (Tru Family Dental) - Hero 1 wm
7960 Lewis Ave, Temperance, MI for sale Building Photo- Image 3 of 4
_Heartland Dental (Tru Family Dental) - Map 1 wm

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HEARTLAND DENTAL | 7960 Lewis Ave
(310) 955-1774 x

HEARTLAND DENTAL | 7960 Lewis Ave

1/3

Thor St John

(310) 955-1774

(310) 955-1774

Michael Moreno

(949) 432-4511

(949) 432-4511

Rahul Chhajed

(949) 432-4513

(949) 432-4513

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