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Single-Tenant Office Medical

Heartland Dental

141 N 50th Ave, Brighton, CO 80601

Listing Price: $3,347,000

Cap Rate
5.60%
Tenant Name
Water Tower Dental Care
Years Remaining On Lease
9.6
Gross SF
4,260
Guarantor
Corporate Guarantee
Rentable SF
4,260
Price/Gross SF
$785.68
Lease Type
Double Net
Rent Per Square Feet
$44.00

Investment Overview

Marcus & Millichap is pleased to present for sale Heartland Dental in Brighton, Colorado. Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. Heartland Dental has expanded to over 20,000 team members in over 1,700 supported office with over 2,400 supported doctors across 38 states.

Brighton is a vibrant Colorado city located 20 miles north of downtown Denver, 20 minutes from Denver International Airport, and 30 minutes from Boulder. Part of the Denver metropolitan area, Brighton is home to roughly 40,000 residents and spans Adams and Weld counties.

Investment Highlights

  • 10-Year Heartland Dental Corporate-Guaranteed Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Situated Across from King Soopers Marketplace and Surrounded by National Retailers: McDonald's, Taco Bell, Starbucks, Public Storage, and More
  • Growing Trade Area in the Denver MSA with 52,036 Residents within a Five-Mile Radius - Households and Population Projected to Increase More Than 16 Percent in the Immediate Area by 2027
  • Adjacent to 315 Apartment Units at Bromley at Brighton Crossing
  • Located within the Brighton Crossings Master-Planned Community
  • Average Household Income Exceeds $126,000 within a One-Mile Radius
  • Easily Accessible Location, One Mile Off the I-76 Freeway at the Intersection of North 50th Avenue and East Bridge Street

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Single-Tenant Office Medical

Heartland Dental

Listing Price: $3,347,000

Cap Rate
5.60%
Tenant Name
Water Tower Dental Care
Years Remaining On Lease
9.6
Gross SF
4,260
Guarantor
Corporate Guarantee
Rentable SF
4,260
Price/Gross SF
$785.68
Lease Type
Double Net
Rent Per Square Feet
$44.00

Investment Highlights

  • 10-Year Heartland Dental Corporate-Guaranteed Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Situated Across from King Soopers Marketplace and Surrounded by National Retailers: McDonald's, Taco Bell, Starbucks, Public Storage, and More
  • Growing Trade Area in the Denver MSA with 52,036 Residents within a Five-Mile Radius - Households and Population Projected to Increase More Than 16 Percent in the Immediate Area by 2027
  • Adjacent to 315 Apartment Units at Bromley at Brighton Crossing
  • Located within the Brighton Crossings Master-Planned Community
  • Average Household Income Exceeds $126,000 within a One-Mile Radius
  • Easily Accessible Location, One Mile Off the I-76 Freeway at the Intersection of North 50th Avenue and East Bridge Street

Investment Overview

Marcus & Millichap is pleased to present for sale Heartland Dental in Brighton, Colorado. Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. Heartland Dental has expanded to over 20,000 team members in over 1,700 supported office with over 2,400 supported doctors across 38 states. Brighton is a vibrant Colorado city located 20 miles north of downtown Denver, 20 minutes from Denver International Airport, and 30 minutes from Boulder. Part of the Denver metropolitan area, Brighton is home to roughly 40,000 residents and spans Adams and Weld counties.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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