745 W Baptist Rd Monument, CO
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Leased dental office with long-term tenant and fixed rental increases.
Type:OFFICE
Property size:
3,270 SFLot size:
0.78 AcresPrice / SF:
$782/SF- Added:
- Sep 1, 2023
- Days on Market:
- 973
- Last Refresh:
- Apr 5 at 10:23 pm
Property Features for 745 W Baptist Rd
General Information
- Standard status
- Active
- Size
- 3,270 SF
- Lot size
- 0.78 Acres
- Property subtype
- OFFICE
Listing agent Michael T. Yuras, CCIM
Listing office Cushman & Wakefield | Sacramento (916) 288-4800
Listing date Sep 1, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Sacramento
Overview
Dental Office Leased to Heartland
This property is leased to Heartland Dental for a 10-year term, with four five-year options. The lease includes 10% fixed rental increases every five years during the initial and extension terms. Constructed in 2022 to Heartland Dental’s latest prototype, the property is occupied by Heartland Dental, LLC, the largest dental support organization in the U.S., which supports over 1,700 dental offices across 38 states. Heartland Dental is majority owned by KKR, a global investment company with over $496 billion under management. Heartland Dental continues its national expansion, having opened more than 87 new locations in 2022. The property has a size of 3,270 square feet.
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Places Nearby
- Rocky Mountain Spay + Neuter — 1150 W Baptist Rd Suite 120, Colorado Springs, CO 80921
- Fox Run Veterinary Hospital — 16740 Leather Chaps Dr, Monument, CO 80132
- Tri-Lakes Animal Emergency Care — 1150 W Baptist Rd Suite 120, Colorado Springs, CO 80921
- Banfield Pet Hospital — 16086 Jackson Creek Pkwy, Monument, CO 80132
Location Insight
- Map
- Local Demand
- City
- Monument
- County
- El Paso
- State
- Colorado
- Longitude
- -104.873
- Latitude
- 39.0917
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Leased dental office with long-term tenant and fixed rental increases.
Where is this medical office space located?
The property is located at 745 W Baptist Rd Monument, CO.
What is the asking price?
The asking price for this property is $2,560,000.
What are key features of this property?
This property features: Leased to Heartland Dental, the largest dental support organization in the U.S.; Features a 10‑year lease term with four (4) five‑year options.; Benefit from 10% fixed rental increases every five years.
