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Heartland Dental - Springfield, MO 4955 S National Ave 5,778 SF 76% Leased Office Building Springfield, MO 65810 $2,266,774 CAD ($392.31 CAD/SF) 7.25% Cap Rate
Investment Highlights
- NATION’S LARGEST DENTAL SUPPORT ORGANIZATION
- REGIONAL HEALTHCARE DESTINATION
- AFFLUENT & ESTABLISHED TRADE AREA
- PURPOSE-BUILT MEDICAL FACILITY
- HIGH-VISIBILITY COMMERCIAL CORRIDOR
- STRONG SPRINGFIELD MSA FUNDAMENTALS
Executive Summary
Atlantic Capital Partners has been exclusively retained to offer for sale 4955 South National Avenue in Springfield, Missouri, a purpose-built medical office property anchored by Heartland Dental, one of the nation’s largest dental support organizations. The offering features 76% occupancy with a long-term healthcare tenant in place, while the remaining 1,789 SF medical office suite is currently vacant, presenting investors with an attractive value-add leasing opportunity alongside stable in-place cash flow.
Constructed in 2013, the property occupies a highly visible location along South National Avenue within one of Springfield’s premier healthcare and commercial corridors. Situated just west of US-160 (South Campbell Avenue), the asset benefits from exceptional accessibility, exposure to more than 47,600 vehicles per day, and close proximity to
CoxHealth, Mercy Hospital Springfield, numerous national retailers, and a wide variety of restaurants and daily-needs services.
Springfield serves as the economic and healthcare center of Southwest Missouri, supported by a diverse employment base, leading medical institutions, and continued residential growth. Combined with its strategic location and strong regional healthcare fundamentals, the property presents investors with the opportunity to acquire a well-located medical office asset featuring durable in-place tenancy and meaningful upside through the lease-up of the currently vacant 1,789 SF suite.
Constructed in 2013, the property occupies a highly visible location along South National Avenue within one of Springfield’s premier healthcare and commercial corridors. Situated just west of US-160 (South Campbell Avenue), the asset benefits from exceptional accessibility, exposure to more than 47,600 vehicles per day, and close proximity to
CoxHealth, Mercy Hospital Springfield, numerous national retailers, and a wide variety of restaurants and daily-needs services.
Springfield serves as the economic and healthcare center of Southwest Missouri, supported by a diverse employment base, leading medical institutions, and continued residential growth. Combined with its strategic location and strong regional healthcare fundamentals, the property presents investors with the opportunity to acquire a well-located medical office asset featuring durable in-place tenancy and meaningful upside through the lease-up of the currently vacant 1,789 SF suite.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
5,778 SF
Building Class
B
Year Built
2014
Price
$2,266,774 CAD
Price Per SF
$392.31 CAD
Cap Rate
7.25%
NOI
$164,298 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,778 SF
Building FAR
0.13
Lot Size
1.01 AC
Zoning
PD - 306 - Planned Development 306
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Heartland Dental
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Heartland Dental | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
This Suite has a reception area, four exam rooms, and support rooms. The available space is being offered at $18.00 SF/yr (NNN) with 1,799 SF and is Zoned PD 306.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste B | 1,799 SF | Office | Full Build-Out | Now |
1st Fl-Ste B
| Size |
| 1,799 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste B
| Size | 1,799 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
This Suite has a reception area, four exam rooms, and support rooms. The available space is being offered at $18.00 SF/yr (NNN) with 1,799 SF and is Zoned PD 306.
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Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 18-24-101-343 | Improvements Assessment | $300,090 CAD |
| Land Assessment | $175,766 CAD | Total Assessment | $475,855 CAD |
Property Taxes
Parcel Number
18-24-101-343
Land Assessment
$175,766 CAD
Improvements Assessment
$300,090 CAD
Total Assessment
$475,855 CAD
Contacts
-
David Hoppe -
Eric Suffoletto -
Ben Olmstead -
Mike Lucier -
Atlantic Capital Partners
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Heartland Dental - Springfield, MO | 4955 S National Ave
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