ATTRACTIVE LEASE FUNDAMENTALS
- NN Lease Provides Minimal Landlord Responsibilities
- Corporate Guaranty by Heartland Dental
- 10% Rental Increases every 5 years, including option periods
CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- Heartland Dental is the largest dental support organization in the United States
- Over 1,700 Locations
- 2022 Total Revenue was $2.8B
NEW CONSTRUCTION
- Recently constructed building to Tenant’s suit with transferable warranties
LOCATED IN HIGHLY AFFLUENT HOUSTON, TX SUBURB
- Nearly 70K people live within a 3-mile radius
- AAHI within a 3 mile radius exceeds $118K
HIGH VISIBILITY IN RETAIL NODE
- Fronting Spring Stuebner Rd (19,393 VPD) at a full access intersection
- Out parcel to Berkshire Exchange, a 352 unit apartment complex
- Over 250K SF of retail located in a mile radius (National Tenants include: Kroger, Chick-Fil-A, Wingstop, and Popeyes)
HIGH GROWTH HOUSTON MSA
- Houston MSA is considered the 2nd fastest growing metro in the Country (1.5% annual population growth)
- 7th Largest Metro Economy
- 26 Fortune 500 companies are headquartered in Houston