For Sale
$1,508,000 | 7.00% Cap
340 Eisenhower Dr Ste 400, Savannah, GA 31406
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Broker of Record: Jeremy R. Halback | Bridgeline Real Estate LLC | GA License #: 449951
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Condo | 4,800 Square Feet |
1.75 Years | $105,600 |
Investment Highlights
High-Revenue Location with Strong Operating Performance
The subject property demonstrates consistent top-line strength and healthy net income, reflecting an established patient base and operationally efficient practice – financials available upon request.
Below-Market Rent with Embedded Growth
The property is currently leased at $22.00 PSF, below the market average of $26.41 PSF. This provides built-in rental upside and the ability to capture future income growth.
Established Dental Practice
The tenant has operated at the subject property since 2012, demonstrating strong location fundamentals and consistent patient demand. The long-term occupancy reflects tenant commitment and proven site performance.
Corporately Guaranteed Lease
The lease is backed by Heartland Dental, LLC, the nation’s largest dental support organization with 1,900+ affiliated locations across 39 states & the District of Columbia. This corporate guarantee minimizes default risk and provides investors with long-term income security.
Recession-Resistant Healthcare Tenancy
Dental services represent a necessity-based healthcare use supported by recurring patient visits. This provides durable demand and stable occupancy through varying economic cycles.
Strong Savannah Demographics
The surrounding 3-mile area includes 105,000+ residents, supporting a consistent and reliable patient base. Strong local demographics reinforce long-term demand for healthcare services.
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Condo | 4,800 Square Feet |
1.75 Years | $105,600 |
Overview
Peranich Huffman Net Lease Group is pleased to exclusively present Heartland Dental, located at 340 Eisenhower Dr Suite 400, Savannah, GA 31406. This offering provides investors the opportunity to acquire a property leased to the nation’s largest dental support organization in a well-established commercial and healthcare corridor. The ±4,800 SF dental facility is strategically positioned along Eisenhower Drive, benefiting from strong surrounding population density, consistent patient demand, and proximity to major retail and medical services.
Lease
The property is leased to Heartland Dental, LLC under a double net (NN) lease structure with a remaining term through January 31, 2027. The tenant is responsible for the majority of operating expenses, including taxes and insurance, with limited landlord responsibilities, providing a stable and passive income stream. The lease includes two (2) additional five-year renewal options at Fair Market Value, offering the potential for long-term income continuity and future rental upside.
Tenant
Heartland Dental, LLC is the largest dental support organization in the United States, supporting more than 1,900+ practices across 39 states and the District of Columbia with over 3,100 doctors and 25,000 team members. The company provides non-clinical administrative and operational support that allows affiliated dentists to focus on patient care. Heartland’s national scale, steady growth, and essential service offerings provide investors with long-term stability and income security.