Heartland Dental

100 Hansen Blvd, North Aurora, IL
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Lease Term:
10 years
Landlord Responsibilities:
Roof and Structure
Renewal Options:
4, Five Year
Building Sq. Ft.:
3,756 SF
Rent Increases:
10% every 5 years
Site Size:
1.49 Acres

Investment Highlights

  • New Lease Term: Corporate backed 10 year lease term with minimal landlord responsibilities providing passive cash flow.
  • Proven Track Record: Heartland Dental has had a presence in North Aurora since 2008 and is relocating from a multi-tenant medical office building in the sub-market, demonstrating their commitment to the customer base and historical profitability.
  • Grocery Outlot: The property provides maximum intersection visibility being situated at the hard corner entrance to a Woodman’s Market anchored shopping center. Additional retailers in the area include Target, Aldi, Petco, Starbucks, Taco Bell, and more.
  • Convenient Access: There are multiple points of entry from both Orchard and Oak Streets and interchange access to I-88 (75,900 VPD) is about 3/4 of a mile south.
  • Industry Leading Tenant: Heartland Dental is the country’s largest dental support organization with over 1,700 locations in 38 states. Total revenue eclipsed $1.2bn in 2022.
  • Proximate to Local Schools: Fern Elementary and Jewel Middle School are down the street, making it easy for parents to bring their children to the MOB.
  • Recent Renovation: The building was recently renovated to fit Heartland’s growing customer base, including renovations to the exterior and extensive interior build-out.
  • Affluent Chicago Area Location: Average household income within 1 mile of the site is $137,500.

Listing Agents

Graham Gold

Vice President
314 324 8792
[email protected]

Connor Shell

Managing Director
407 913 9009
[email protected]

Jordan Koeppel

Senior Vice President
561 789 5504
[email protected]

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