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Heartland Dental & PJ's Coffee Retail Center 3575 W Story Rd 9,723 SF 100% Leased Retail Building Irving, TX 75038 $6,447,384 CAD ($663.11 CAD/SF) 6% Cap Rate



Investment Highlights
- Dentalogy (Heartland Dental, LLC, Corporate) Supports 1,900+ Dental Offices & 3,000+ Dentists Nationwide
- Strong Fundamentals on a 1.18-Acre Parcel, Glass Storefront Systems with Modern Flat-Profile Canopy System, Average Suite Size of 1,945 SF
- Adjacent to Great Hearts Irving Elementary School, a K–12 Charter Campus Serving 900+ Students
- Benefits from Positioning between West Story Road (Service Road access to State Highway 161 -120,100+ VPD) & North Belt Line Road (38,500+ VPD)
- Less than 10 Minutes from American Airlines Headquarters; $300M+ Campus, 7,000+ Employees across 300 Acres & 20 Minutes Northwest of Downtown Dallas`
- Complementary Tenant Mix Led by Dentalogy (Heartland Dental, LLC, Corporate), Tesla Supercharger Station (Tesla, Inc., Corporate), PJ’s Coffee (DT)
Executive Summary
100% Leased, 2021 Construction Retail Center Led by Heartland Dental (Corporate) & PJ’s Coffee (Drive-Thru) | Average Base Lease Term Expiration of October 2032 | Rents Average $29.81 PSF NNN
Located in the Highly Desirable & Dense Dallas/Fort Worth Submarket of Las Colinas in Irving, Texas | Daytime Population Exceeds 124,900 & 343,900 in a 3- & 5-Mile Radii Respectively
Located in the Highly Desirable & Dense Dallas/Fort Worth Submarket of Las Colinas in Irving, Texas | Daytime Population Exceeds 124,900 & 343,900 in a 3- & 5-Mile Radii Respectively
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,723 SF
Building Class
B
Year Built
2021
Price
$6,447,384 CAD
Price Per SF
$663.11 CAD
Cap Rate
6%
NOI
$386,891 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.18 AC
Zoning
Commercial
Frontage
250’ on Story Rd. and George Bush
Amenities
- 24 Hour Access
- Freeway Visibility
- Property Manager on Site
- Security System
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Car Charging Station
- Monument Signage
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 327757000A0040000 | Improvements Assessment | $3,249,874 CAD |
| Land Assessment | $841,105 CAD | Total Assessment | $4,090,980 CAD |
Property Taxes
Parcel Number
327757000A0040000
Land Assessment
$841,105 CAD
Improvements Assessment
$3,249,874 CAD
Total Assessment
$4,090,980 CAD
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Heartland Dental & PJ's Coffee Retail Center | 3575 W Story Rd
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