STREAM Capital Partners > Properties > All Properties > Heartland Dental and T-Mobile

Heartland Dental and T-Mobile

Net Lease

2032 Winchester Road, Huntsville, Alabama
Ownership Type:
Owner/User
Price:
$3,979,322
Cap Rate:
5.90%
Current Rent:
$234,780
Tenancy:
Multi-Tenant
Lease Type:
DoubleNet
Lease Term:
10 years
Landlord Responsibilities:
Roof and Structure
Renewal Options:
3, 5-year options
Building Sq. Ft.:
6,405 SF
Rent Increases:
10% every 5 years
Site Size:
1.3 Acres

Investment Highlights

  • Lease commitment: 10-year leases with three 5-year renewal options and annual rent increases, demonstrating their commitment to the market and location.
  • Well Positioned: Situated just off Winchester Rd which has a traffic count of over 20,000 VPD.
  • Affluent Area: The average household income within a 3 mile radius is $105,000.
  • Retail Dense Location: Located near other national tenants such as Publix, Whataburger, Taco Bell, Tire Discounters, Autozone, Express Oil Change, and Walmart.
  • Corporate Guarantees: Heartland Dental currently operates 1,700 stores across 39 states. T-Mobile operates over 7,500 retail stores
Ownership Type:
Owner/User
Price:
$3,979,322
Cap Rate:
5.90%
Current Rent:
$234,780
Lease Type:
DoubleNet
Lease Term:
10 years
Landlord Responsibilities:
Roof and Structure
Renewal Options:
3, 5-year options
Building Sq. Ft.:
6,405 SF
Rent Increases:
10% every 5 years
Site Size:
1.3 Acres

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Ben Hollis

Analyst
256.595.2574[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

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