Strong Lease Fundamentals
- 10 year lease with 10% rental increases every 5 years provides next owner with inflation hedge
- Lease is corporately guaranteed by Heartland Dental
- NN lease structure provides minimal landlord responsibility
High Income Trade Area with Strong Growth Metrics
- Affluent sub-market of Charlotte, NC - Average Household Income over $130,943 in a 2-Mile Radius
- 108K people live in a 5-mile radius
- 33% population growth from 2010 to 2020
Excellent Position within the Trade Area
- Less than a half-mile from Harris Teeter
- Subject property has 121 ft of road frontage
- Subject property has cross access to lighted intersection
- Less than 1.5 Miles from I-85
Thousands of Students Nearby
- Less than 2.5 miles from West Cabarrus High School (1,680 Students)
- 2.3 Miles from Waddington Hills Elementary (959 Students)
- 2.4 Miles from Harold E. Winkler Middle School (1,168 Students)
- 1.5 Miles from Cannon School (1,003 Students)
- 1 mile from Cabarrus Charter Academy (203 Students)
Charlotte MSA
- Charlotte MSA grew 2.86% in 2022
- Over $2.2B of capital investment for Q1 2023
- North Carolina is the best state to do business in for the 2nd consecutive year (2021 & 2022, CNBC.com)