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Single-Tenant Office Medical

Heartland Dental

13461 Quebec St, Thornton, CO 80602

Listing Price: $3,471,563

Cap Rate
5.85%
Tenant Name
Dental Care on Quebec
Years Remaining On Lease
9.5
Gross SF
4,196
Guarantor
Corporate Guarantee
Rentable SF
4,196
Price/Gross SF
$827.35
Lease Type
Double Net
Rent Per Square Feet
$48.40

Investment Overview

Marcus & Millichap is pleased to present for sale Heartland Dental in Thornton, Colorado. Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support.

Thornton is a diverse community with a strong commitment to quality of life. The Denver metropolitan area in which Thornton is located consistently ranks as one of the most desirable areas to live in the United States. The community’s location, 10 miles north of downtown Denver and adjacent to Interstate 25, provides high visibility for business while still allowing easy access to various transportation routes.

Investment Highlights

  • 10-Year Heartland Dental Corporate-Guaranteed Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Outparcel to New King Soopers Marketplace
  • Growing Trade Area in the Denver MSA with 143,943 Residents within a Five-Mile Radius
  • Rapidly Growing Trade Area - Households and Population Projected to Increase Over 17 Percent in the Immediate Area by 2027
  • Across from Lee's Farm, a New Housing Community Currently in Development that will Include Single-Family and Multi-Family Homes
  • Affluent Trade Area with Average Household Income Exceeding $160,000 within a One-Mile Radius
  • Surrounded by New Commercial Development, Including a New Bank of America, CVS, and Murphy Express Oil Coming Soon

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: $3,471,563

Cap Rate
5.85%
Tenant Name
Dental Care on Quebec
Years Remaining On Lease
9.5
Gross SF
4,196
Guarantor
Corporate Guarantee
Rentable SF
4,196
Price/Gross SF
$827.35
Lease Type
Double Net
Rent Per Square Feet
$48.40

Investment Highlights

  • 10-Year Heartland Dental Corporate-Guaranteed Lease
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Outparcel to New King Soopers Marketplace
  • Growing Trade Area in the Denver MSA with 143,943 Residents within a Five-Mile Radius
  • Rapidly Growing Trade Area - Households and Population Projected to Increase Over 17 Percent in the Immediate Area by 2027
  • Across from Lee's Farm, a New Housing Community Currently in Development that will Include Single-Family and Multi-Family Homes
  • Affluent Trade Area with Average Household Income Exceeding $160,000 within a One-Mile Radius
  • Surrounded by New Commercial Development, Including a New Bank of America, CVS, and Murphy Express Oil Coming Soon

Investment Overview

Marcus & Millichap is pleased to present for sale Heartland Dental in Thornton, Colorado. Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support. Thornton is a diverse community with a strong commitment to quality of life. The Denver metropolitan area in which Thornton is located consistently ranks as one of the most desirable areas to live in the United States. The community’s location, 10 miles north of downtown Denver and adjacent to Interstate 25, provides high visibility for business while still allowing easy access to various transportation routes.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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