HEARTLAND DENTAL | 2301 Robious Station Cir
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HEARTLAND DENTAL 2301 Robious Station Cir
3,050 SF Office Building Midlothian, VA 23113 $1,257,826 CAD ($412 CAD/SF) 6.50% Cap Rate
Investment Highlights
- HEARTLAND DENTAL – LARGEST DENTAL OPERATOR: Heartland is the country’s largest network of dental practices with over 1,700 locations & 2,800 doctors.
- LONG-TERM LOCATION COMMITMENT: Heartland signed a 10 year lease at the location when purchasing the business in 2023.
- STRONG HISTORICAL OCCUPANCY: The property has been operating as a dental practice for well over a decade.
- $187 BILLION INDUSTRY: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
- ACCESSIBLE INVESTMENT OPPORTUNITY: Property offers investors the opportunity to acquire a long-term NNN lease with a national tenant at under $500,000
- HIGH TRAFFIC THROUGHFARE: Bridges St is conveniently located a block away and sees over 21,000 cars per day just outside the property.
Executive Summary
Kyle Matthews
License No. 226035518 (VA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. 226035518 (VA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,050 SF
Building Class
C
Year Built
1998
Price
$1,257,826 CAD
Price Per SF
$412 CAD
Cap Rate
6.50%
NOI
$81,758 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,050 SF
Building FAR
0.16
Lot Size
0.45 AC
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PROPERTY TAXES
Parcel Number | 739-71-49-49-900-000 | Improvements Assessment | $455,689 CAD |
Land Assessment | $286,453 CAD | Total Assessment | $742,142 CAD |
PROPERTY TAXES
Parcel Number
739-71-49-49-900-000
Land Assessment
$286,453 CAD
Improvements Assessment
$455,689 CAD
Total Assessment
$742,142 CAD
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HEARTLAND DENTAL | 2301 Robious Station Cir
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