320 W Frontier Pky - Medical FOR SALE


Celina, TX 75009
$4,056,000 USD
415-852-5177
320 W Frontier Pky, Celina, TX for Sale
$4,056,000 USD
Medical - FOR SALE
1/8
null | 5% Cap Rate

320 W Frontier Pky
Celina, TX 75009


HIGHLIGHTS

  • Tenant assumes all property expenses, including taxes, insurance, and maintenance, ensuring true passive income for investors
  • Tenant assumes all property expenses, including taxes, insurance, and maintenance, ensuring true passive income for investors
  • Leased to Heartland Dental, the largest dental support organization in the U.S., supporting over 1,800 practices nationwide
  • New construction (2024) with cutting-edge design and energy-efficient features, ensuring a durable and sustainable facility

OVERVIEW

Positioned along a major thoroughfare, the property enjoys high daily traffic counts, ensuring strong visibility for Heartland Dental. The area is a key destination for residential and commercial expansion, making it an ideal location for business growth. The tenant, Heartland Dental, is responsible for all property-related expenses, including taxes, insurance, and maintenance of the roof, structure, and parking lot. This structure eliminates landlord responsibilities, creating a hassle-free investment. The 12-year lease, commencing in November 2024, features 10% rental escalations every five years, ensuring consistent net operating income growth and a hedge against inflation. The 4,260 SF facility, completed in 2024, is built to the highest industry standards, reducing long-term maintenance costs. The contemporary layout ensures efficient operations and an enhanced patient experience. The Prosper-Celina area is experiencing unprecedented population growth, with projections showing a 29% increase in the next five years. The affluent community, with an average household income exceeding $195,594, supports strong demand for healthcare services. Situated in an area with high profile national retailers, including Kroger, 7-Eleven, and Dunkin’, the location benefits from steady consumer traffic. The synergy with nearby businesses enhances patient footfall and overall visibility.

FOR SALE DETAILS

PRICE

$4,056,000 USD

PRICE/SF

$952 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.