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2055 Spring Stuebner RdSpring, TX 77389
Heartland Dental | Spring, TX | 5.85% Cap
Asset ClassHealthcare Facility, Retail
Cap Rate5.85%
CORPORATE GUARANTEE | HIGH GROWTH HOUSTON MSA

Investment Highlights

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 $2.8B

NEW CONSTRUCTION

  • Recently constructed building to Tenant’s suit with transferable warranties

LOCATED IN HIGHLY AFFLUENT HOUSTON, TX SUBURB

  • Nearly 70K people live within a 3-mile radius
  • AAHI within a 3 mile radius exceeds $118K

HIGH VISIBILITY IN RETAIL NODE

  • Fronting Spring Stuebner Rd (19,393 VPD) at a full access intersection
  • Out parcel to Berkshire Exchange, a 352 unit apartment complex
  • Over 250K SF of retail located in a mile radius (National Tenants include: Kroger, Chick-Fil-A, Wingstop, and Popeyes)

HIGH GROWTH HOUSTON MSA

  • Houston MSA is considered the 2nd fastest growing metro in the Country (1.5% annual population growth)
  • 7th Largest Metro Economy
  • 26 Fortune 500 companies are headquartered in Houston
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2055 Spring Stuebner RdSpring, TX 77389

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