Log In/Sign Up
Your email has been sent.
Heartland Dental 56074 Van Dyke Ave 4,370 SF Office Building Shelby Township, MI 48316 $4,880,136 CAD ($1,116.74 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Absolute NNN Lease with Corporate Guaranty by Heartland Dental
- 10 Percent Rental Increases Every Five Years
- Population and Households Projected to Increase 1-2% Percent in the Surrounding Area Over the Next Five Years
- Dense Retail Corridor Location Surrounded by National Tenants: Target, The Home Depot, Kroger, Meijer, McDonald’s, and More
- 126,731 Residents within a Five-Mile Radius in the Detroit MSA
- Frontage Along Van Dyke Avenue (More Than 23,050 Cars per Day)
EXECUTIVE SUMMARY
Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support. Heartland Dental is focused on positively impacting dentistry with the goal of offering dentists the freedom to focus on their craft. This culture is sustained with continuing education and ongoing leadership development at all levels of the organization.
Heartland Dental has expanded to over 20,000 team members in over 1,800 supported office with over 2,400 supported doctors across 38 states. They are able to differentiate themselves from competition to become what they are today. They provide dentists, hygienists, and non-clinical team members with world-class non-clinical administrative and operational support to help them achieve sustainable professional and financial growth.
Located in west Macomb County, 20 miles north of Detroit and eight miles west of Anchor Bay, Shelby Township is home to roughly 75,000 residents. The township is home to 1,200 acres of parks, the 4,000-acre Stony Creek Metropark, and the Macomb Orchard Trail, a 24-mile hiking and biking path. Shelby Township is also home to several vibrant business districts that offer different options for commercial and industrial development with easy access to the township’s first-rate infrastructure as well as its affluent residential neighborhoods.
Heartland Dental has expanded to over 20,000 team members in over 1,800 supported office with over 2,400 supported doctors across 38 states. They are able to differentiate themselves from competition to become what they are today. They provide dentists, hygienists, and non-clinical team members with world-class non-clinical administrative and operational support to help them achieve sustainable professional and financial growth.
Located in west Macomb County, 20 miles north of Detroit and eight miles west of Anchor Bay, Shelby Township is home to roughly 75,000 residents. The township is home to 1,200 acres of parks, the 4,000-acre Stony Creek Metropark, and the Macomb Orchard Trail, a 24-mile hiking and biking path. Shelby Township is also home to several vibrant business districts that offer different options for commercial and industrial development with easy access to the township’s first-rate infrastructure as well as its affluent residential neighborhoods.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
4,370 SF
Building Class
B
Year Built
2019
Price
$4,880,136 CAD
Price Per SF
$1,116.74 CAD
Cap Rate
5.50%
NOI
$268,408 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,370 SF
Building FAR
0.10
Lot Size
1.02 AC
Zoning
C-1 - Commercial Zoned District
1 1
PROPERTY TAXES
| Parcel Number | 23-07-03-153-012 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $832,084 CAD |
PROPERTY TAXES
Parcel Number
23-07-03-153-012
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$832,084 CAD
CONTACTS
-
Alex Frankel -
Zack House -
Mark Ruble -
Christopher Lind -
Paul Kerber -
Marcus & Millichap
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Heartland Dental | 56074 Van Dyke Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.