Four-Property Heartland Dental Portfolio

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Investment Highlights

Strong Corporate Guarantee - The Heartland Dental Portfolio of Wisconsin lease is corporately guaranteed by Heartland Dental, LLC. Heartland Dental is the nation’s largest dental organization providing support services to 1,700 locations in 38 states.

Below Market Rent - The Heartland Dental Portfolio offers an attractive investment feature with its current lease rate set below market value. This presents a significant opportunity for rent increases during the next option period, allowing for adjustments that align with fair market rates. Such potential for rental growth enhances the property’s investment appeal, providing prospects for improved returns and increased asset value.

High Performing Locations - The Heartland Dental Portfolio showcases strong financial performance, reflecting the tenant’s solid business operations. This stability suggests a long-term lease is likely, making it a secure investment. For more details, including unit-level financials and proof of profitability across all locations, please inquire with broker.

Recently Acquired Practice - Heartland Dental acquired these practices in Spring 2021 and invested significantly in integrating them into their network. This substantial commitment enhances the likelihood that Heartland will maintain long-term operations at these locations, thereby increasing the stability and attractiveness of the real estate investment.

Facility Type	Building Area (SF)	Years Remaining	Net Operating Income
Single Tenant	20,335 Total Square Feet	6+ Years (WALT)	$312,092

Investment Overview - Peranich Huffman Net Lease Group is pleased to offer for sale, on an exclusive basis, the Heartland Dental Portfolio of Wisconsin. Offered at a 7.25% capitalization rate, the offering provides an investor with the opportunity to acquire a property with a strong operation that is home to a national medical tenant that exemplifies a reputation of consistency for both patients and he real estate investment community.

Lease Term - Heartland Dental has occupied the 20,335 SF medical facility since they acquired the practice in 2019. The single tenant Heartland Dental has 6+ years of weighted average lease term remaining with fair market rent escalations occurring at the start of the next renewal term. The lease calls for 2 remaining 5 year options.

Net Lease Structure - The lease is structured on a net basis, whereby the tenant is responsible for all expenses related to the HVAC (under $1,500), interior/non-structural elements, insurance, property

taxes, and utilities. The landlord has responsibilities limited to the maintenance of the roof, structure, and parking lot.

About The Tenant - 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 od dental services.