For Sale
$641,000 | 8.00% Cap
1617 E Main St, Easley, SC 29640
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Broker of Record: Brian Brockman | Bang Realty - South Carolina, Inc | SC License #: 108250
Investment Highlights
Corporately Guaranteed
The Heartland Dental lease is backed by a corporately guarantee from Heartland Dental, LLC.
Rent Escalations
The current lease term along with the (4) 5-year renewal options are accompanied by 2.5% annual rent increases.
Low Rent Per Square Foot
The property showcases strong investment fundamentals through its affordable $18.81 per square foot lease rate.
Minimal Landlord Responsibilities
The Heartland Dental lease is structured on a net basis whereby the tenant is financially responsible for all expenses other than the building's structural components & roof maintenance.
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Single Tenant | 2,726 Square Feet |
6.5 Years | $51,280 |
Investment Overview
Peranich Huffman Net Lease Group is pleased to exclusively present for sale the Heartland Dental Medical Office Building in Easley, South Carolina. Offered at a 8.00% capitalization rate, this property provides investors with a compelling opportunity to acquire a strong dental operation. Heartland Dental is a nationally recognized medical tenant known for its consistent performance—both in patient care and within the real estate investment community.
Lease Term
Heartland Dental has 6.5 years remaining on its original 10-year lease term executed in 2022. The corporately guaranteed Heartland dental lease provides for an additional (4) 5-year renewal options with 2.5% annual rent increases.
Net Lease Structure
The Heartland Dental lease is structured on a net basis whereby the tenant is financially responsible for all expenses other than the building's structural components and roof maintenance. Tenant obligations include: expenses related to the HVAC, parking lot, landscaping, property taxes, insurance, utilities & waste management.
About The Tenant
Founded in 1997, Heartland Dental is the nation's largest dental support organization providing non-clinical, administrative support services to 2,800 supported dentists across 38 states. Heartland Dental partners with its supported dentists to deliver high-quality care across the full spectrum of dental services.