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Single-Tenant Office Medical

Heartland Dental

N112W16286 Mequon Rd, Germantown, WI 53022

Listing Price: $2,910,000

Cap Rate
5.35%
Tenant Name
Germantown Dental Care
Years Remaining On Lease
9.9
Gross SF
4,325
Guarantor
Corporate Guarantee
Rentable SF
4,325
Price/Gross SF
$672.83
Lease Type
Absolute Net
Rent Per Square Feet
$36.00

Investment Overview

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. Heartland Dental is focused on positively impacting dentistry with the goal of offering dentists the freedom to focus on their craft. This culture is sustained with continuing education and ongoing leadership development at all levels of the organization.

Heartland Dental has expanded to over 20,000 team members in over 1,800 supported office with over
2,400 supported doctors across 38 states. They are able to differentiate themselves from competition to
become what they are today. They provide dentists, hygienists, and non-clinical team members with worldclass non-clinical administrative and operational support to help them achieve sustainable professional and financial growth.

Germantown is a village in Wisconsin’s Washington County, part of the Milwaukee metropolitan area. The village is home to an estimated 21,000 residents with its population continuing to grow. Several new housing communities have been developed in recent years, including Wrenwood, Harvest Hills, and Kinderberg Estates, as well as numerous senior living communities.

Investment Highlights

  • Brand New 10-Year Absolute NNN Lease with Corporate Guaranty by Heartland Dental
  • Outparcel Location in Pick 'n Save Grocery Store Anchored Shopping Center
  • 10 Percent Rental Increases Every Five Years
  • 53,384 Residents within a Five-Mile Radius - Growing Trade Area in the Milwaukee MSA
  • Located Along Mequon Road, Germantown's Primary Thoroughfare with Direct Access to Interstates 41 and 43
  • Surrounded by National Tenants: Starbucks, McDonald's, Ace Hardware, Verizon, Walgreens, Chase Bank, and More
  • Average Household Income Exceeds $102,000 within a Three-Mile Radius
  • Within a 35-Minute Drive of Downtown Milwaukee and Milwaukee Mitchell International Airport

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Single-Tenant Office Medical

Heartland Dental

Listing Price: $2,910,000

Cap Rate
5.35%
Tenant Name
Germantown Dental Care
Years Remaining On Lease
9.9
Gross SF
4,325
Guarantor
Corporate Guarantee
Rentable SF
4,325
Price/Gross SF
$672.83
Lease Type
Absolute Net
Rent Per Square Feet
$36.00

Investment Highlights

  • Brand New 10-Year Absolute NNN Lease with Corporate Guaranty by Heartland Dental
  • Outparcel Location in Pick 'n Save Grocery Store Anchored Shopping Center
  • 10 Percent Rental Increases Every Five Years
  • 53,384 Residents within a Five-Mile Radius - Growing Trade Area in the Milwaukee MSA
  • Located Along Mequon Road, Germantown's Primary Thoroughfare with Direct Access to Interstates 41 and 43
  • Surrounded by National Tenants: Starbucks, McDonald's, Ace Hardware, Verizon, Walgreens, Chase Bank, and More
  • Average Household Income Exceeds $102,000 within a Three-Mile Radius
  • Within a 35-Minute Drive of Downtown Milwaukee and Milwaukee Mitchell International Airport

Investment Overview

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. Heartland Dental is focused on positively impacting dentistry with the goal of offering dentists the freedom to focus on their craft. This culture is sustained with continuing education and ongoing leadership development at all levels of the organization. Heartland Dental has expanded to over 20,000 team members in over 1,800 supported office with over 2,400 supported doctors across 38 states. They are able to differentiate themselves from competition to become what they are today. They provide dentists, hygienists, and non-clinical team members with worldclass non-clinical administrative and operational support to help them achieve sustainable professional and financial growth. Germantown is a village in Wisconsin’s Washington County, part of the Milwaukee metropolitan area. The village is home to an estimated 21,000 residents with its population continuing to grow. Several new housing communities have been developed in recent years, including Wrenwood, Harvest Hills, and Kinderberg Estates, as well as numerous senior living communities.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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