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Heartland Dental 8050 Woodbridge Pky 4,200 SF Retail Building Sachse, TX 75048 $3,834,000 ($912.86/SF) 5.15% Cap Rate

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Investment Highlights

12-year primary lease term with 10% rental increases every five years and an additional 10% increase in Year 11
Heartland Dental supports over 1,800 practices nationwide, backed by a strong financial foundation and proven operational success.
Situated just off Hwy 78 with over 33,000 vehicles per day, enhancing accessibility and exposure.

Tenant is responsible for all property expenses, including taxes, insurance, and maintenance, ensuring a completely passive investment
Strategically located opposite the main entrance of a Walmart Supercenter, driving high visibility and foot traffic.
Surrounded by national retailers including Kroger, Home Depot, and Target, creating a robust retail ecosystem.

Executive Summary

Situated on Woodbridge Parkway in Sachse, Texas, directly across from a Walmart Supercenter, the property benefits from strong visibility and access along a retail corridor supported by approximately 33,940 vehicles per day on Highway 78, just 0.36 miles away. Its proximity to Kroger, Home Depot, and Target drives consistent consumer traffic and reinforces its position within a dominant retail node, enhancing both tenant performance and long term investor appeal.
The investment is structured as a 12 year absolute NNN lease, with all property related expenses including taxes, insurance, maintenance, roof, structure, and parking lot responsibilities shifted to Heartland Dental, LLC. The offering features a starting NOI of $197,400 at a 5 percent cap rate, supporting a purchase price of $3,948,000. Rental increases of 10 percent every five years provide contractual growth and inflation protection through 2037, with additional option periods extending the term.
Heartland Dental operates more than 1,800 supported dental practices across 38 states and is backed by a well established corporate entity known for operational scale and stability. The lease commences May 16, 2025, creating a predictable income stream from a leading operator in the dental sector. The corporate guarantee further strengthens the asset’s low risk profile.
The property serves a five mile population of 199,480 residents, projected to increase to 208,422 by 2029. Median household income within that radius is $121,745 and forecasted to grow to $141,747. Within a one mile radius, 9,498 residents report an average household income of $164,196, expected to rise to $190,805 by 2029. This affluent and expanding demographic base supports sustained demand for dental services.
Constructed in 2025, the 4,200 square foot building incorporates Heartland Dental’s contemporary prototype design, optimized for patient flow and operational efficiency. As new construction, the asset minimizes near term capital expenditure risk for the landlord and supports stable returns. Its location within an emerging commercial hub further positions the property for long term relevance.
The site is surrounded by recently delivered and planned residential, commercial, and mixed use developments, reinforcing forward growth potential. Less than one mile from three schools with a combined enrollment of 4,960 students, the location benefits from a family oriented customer base. Access to Highway 78 and adjacency to national retailers anchor the property within a well established and expanding retail corridor.