Heartland Dental 8671 US-17 3,500 SF Retail Building Myrtle Beach, SC 29575 $4,348,291 CAD ($1,242.37 CAD/SF) 6.10% Cap Rate

ATTRACTIVE LEASE FUNDAMENTALS
- Strong NN Heartland Dental Lease Format
- Minimal landlord Responsibilities
- 10 Year lease with three (3) five (5) year extensions
- 10% Rental Increases every 5 years and in extensions
LARGEST DENTAL ORGANIZATION GUARANTY
- Heartland Dental is the largest dental support organization in the United States
- Over 1,800 Locations
- 2023 Total Revenue was $3B
MYRTLE BEACH - TOP TOURIST DESTINATION
- Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually
- Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021
- Home to 25 international companies, in the top 10 for Foreign Direct Investment
- The subject property is approximately 30 miles north of the Grand Strand
WELL POSITIONED IN A HEALTHY RETAIL NODE
- The site is located at a lighted intersection in a top performing trade area
- Over 1.3MSF of retail space in a 1-mile radius with a vacancy rate of 0.5%
- Nearby national retailers include: Walmart Supercenter, Lowe’s Home Improvement, Lowe’s Foods, Kohl’s, Target, Marshalls, and more
SITE IS SURROUNDED BY THOUSANDS OF STUDENTS & HOMES
- Within 4 miles of the site are three schools with over 550 students at each
- The total student count from Burgess Elementary, St James Intermediate School, and Socastee Middle School is over 2,000 providing a built in customer base
- Surrounded by thousands of homes and apartments, including Sunscapes (324 apartments) and Village at Queens Harbor (184 Condos)
AFFLUENT NEIGHBORHOOD IN MYRTLE BEACH
- AHHI exceeds $119k in a 1-mile radius
- Over 40K people live in a 3-mile radius, which has grown at an annual rate of 2.9% over the last 5 years (According to
- Myrtle Beach has been named the fastest growing City in the US for 3rd straight year (U.S. News & World Report 2023)
42% increases from 2010