Attractive Lease Fundamentals

• NN lease provides minimal landlord responsibilities
• Corporate guaranty by Heartland Dental
• 10% Rental increases every 5 years, including option periods

Corporate Guarantee from Credit Worthy Tenant

• Heartland Dental is the largest dental support organization in the United States
• Over 1,700 locations
• 2022 Total Revenue was $1.2B

Highly Accessible Location

• Located directly off of W. Main St (25K AADT) on a signalized intersection
• Cross access to Spartan Square Shopping Center and Planet Fitness

Located in Salem’s Premier Retail Corridor

• Located on an out parcel of Spartan Square, a 168K SF open air shopping center, over 1.7M visits in TTM
• Major Nearby Tenants include: Kroger, Walmart Supercenter, Planet Fitness, Ollie’s Bargain Outlet, Starbucks, Chick-Fil-A, and Jimmy Johns

Near Major Employment Centers & High School

• Less than half mile to Salem High School (1,249 students)
• Less than 1.5 miles to US Food’s 356k SF distribution facility
• Less that 3.4 miles to Atlas Logistics 486K SF distribution facility