Log In/Sign Up
Your email has been sent.
Heartland Dental 908 S Main St 4,200 SF Retail Building Rolesville, NC 27571 $5,558,477 CAD ($1,323.45 CAD/SF) 5.20% Cap Rate



INVESTMENT HIGHLIGHTS
- LARGEST DENTAL ORGANIZATION GUARANTY
- NEARBY DEVELOPMENT
- NEW CONSTRUCTION IN A HIGH TRAFFICKED CORRIDOR
EXECUTIVE SUMMARY
RARE LEASE STRUCTURE
- One of the first Abs. NNN Heartland Dental lease formats
- Zero landlord Responsibilities
- 12 Year lease with four (4) 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
NEW CONSTRUCTION IN A HIGH TRAFFICKED CORRIDOR
- The Building has recently been built to suit the tenant’s need
- Transferable warranties in place
- According the placer. ai the Bojangles next door is ranked in the 92% percentile nationwide in terms of visits
- Along S Main St there are more than 14,500 Vehicles Per Day
BUILT IN CUSTOMER BASE: NEARBY SCHOOLS
- Site is positioned as an outparcel to Rolesville Charter Academy with over 750 students providing an influx of customers
- Situated less than 1.5 miles from the site are two more schools with over 1,600 more students combined
- Directly northeast of the site is Rolesville Middle School with more than 1,000 students while Thales Academy is a mile away with around 650 students
NEARBY DEVELOPMENT
- Site is positioned across the street from a new Publix anchored shopping center that is set to deliver in late 2025
- Less than half a mile from the site are 140 newly constructed townhomes (Wallbrook Townhomes)
- These two developments will have an additional 75K SF of retail, restaurant, fitness, office space, and more coming following the townhomes
RALEIGH, NC MSA
- Raleigh, NC ranked #3 in 2023 of best residential markets (Rocket Mortgage)
- Raleigh forecasts a 44% job growth over the next 10 years (3.0% growth from 2021 to 2022)
- Raleigh ranked #3 in best places to live for 2023-2024 (U.S. News)
- One of the first Abs. NNN Heartland Dental lease formats
- Zero landlord Responsibilities
- 12 Year lease with four (4) 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
NEW CONSTRUCTION IN A HIGH TRAFFICKED CORRIDOR
- The Building has recently been built to suit the tenant’s need
- Transferable warranties in place
- According the placer. ai the Bojangles next door is ranked in the 92% percentile nationwide in terms of visits
- Along S Main St there are more than 14,500 Vehicles Per Day
BUILT IN CUSTOMER BASE: NEARBY SCHOOLS
- Site is positioned as an outparcel to Rolesville Charter Academy with over 750 students providing an influx of customers
- Situated less than 1.5 miles from the site are two more schools with over 1,600 more students combined
- Directly northeast of the site is Rolesville Middle School with more than 1,000 students while Thales Academy is a mile away with around 650 students
NEARBY DEVELOPMENT
- Site is positioned across the street from a new Publix anchored shopping center that is set to deliver in late 2025
- Less than half a mile from the site are 140 newly constructed townhomes (Wallbrook Townhomes)
- These two developments will have an additional 75K SF of retail, restaurant, fitness, office space, and more coming following the townhomes
RALEIGH, NC MSA
- Raleigh, NC ranked #3 in 2023 of best residential markets (Rocket Mortgage)
- Raleigh forecasts a 44% job growth over the next 10 years (3.0% growth from 2021 to 2022)
- Raleigh ranked #3 in best places to live for 2023-2024 (U.S. News)
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,200 SF
Building Class
B
Year Built
2024
Price
$5,558,477 CAD
Price Per SF
$1,323.45 CAD
Cap Rate
5.20%
NOI
$289,021 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.99 AC
Zoning
GC - General Commercial
Parking
29 Spaces (6.9 Spaces per 1,000 SF Leased)
Frontage
178’ on South Main Street
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Heartland Dental
- Retailer
- 4,200 SF
- -
- Triple Net
- Jun 2036
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Heartland Dental | Retailer | 4,200 SF | - | Triple Net | Jun 2036 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1758.01-46-3244-000 | Improvements Assessment | $1,762,999 CAD |
| Land Assessment | $1,149,084 CAD | Total Assessment | $2,912,083 CAD |
PROPERTY TAXES
Parcel Number
1758.01-46-3244-000
Land Assessment
$1,149,084 CAD
Improvements Assessment
$1,762,999 CAD
Total Assessment
$2,912,083 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Heartland Dental | 908 S Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
