7141-7149 Indianapolis Blvd
Hammond, IN 46324
Office Property For Sale
Investment Highlights
- Net Leased investment with Heartland Dental, LLC
- Heartland Dental is the nation's largest dental support organization
- Leased through early 2022 with an additional 2-year option
- 10.07% Cap
- Tenant recently exercised an early 2-year renewal option
- Located in a strong trade area with high visibility just off the highway
Property Facts
About 7141-7149 INDIANAPOLIS BLVD , HAMMOND, IN 46324
Rare opportunity to purchase a net leased investment with Heartland Dental. The subject property is located on Indianapolis Boulevard in Hammond, IN roughly 1/2 mile from Interstate 80/94. Heartland Dental recently exercised an early renewal option for 2 years, extending the lease termination to early 2022. Heartland Dental, LLC occupies the main building which is roughly 2,000 SF and has an additional 1,500 SF building that is used for their storage equipment. Tenant reimburses Landlord for taxes, insurance and operating expenses and for up to $1500 per repair on the structural portions of the Premises and Building. Heartland Dental was founded in 1997 and is the nation's largest dental support organization. Heartland offers non-clinical, administrative support services in over 37 states to 1,400 supported dentists. Heartland Dental partners with the supported dentist to provide top notch dental services to its' customers.
Property Taxes
| Parcel Number | 45-07-08-451-005.000-023 | Improvements Assessment | $225,300 |
| Land Assessment | $56,500 | Total Assessment | $281,800 |
Property Taxes
