This exceptional investment opportunity presents a 4,577 square foot, single-tenant retail property leased to Heartland Dental, the largest dental support organization in the U.S., with over 1,700 locations. Located in Buford, GA, a rapidly growing and affluent North Atlanta suburb, this property boasts a prime outparcel location in a Publix-anchored shopping center directly off Interstate 985 (73,200 vehicles per day) and Highway 347 (32,500 vehicles per day). The 1.13-acre lot is situated near a 1.1 million square foot Amazon logistics center and numerous other national retailers, including Whataburger, Chipotle, Arby's, QuikTrip, and more. The property benefits from a strong demographic profile, with a 5-mile population of 95,068 and an average household income of $112,524. The current lease, commencing December 1, 2021, and expiring December 1, 2031, has seven years remaining and includes 10% rent increases every five years. The Net Operating Income (NOI) is $137,310, resulting in a 6.05% cap rate. The asking price is $2,270,000. Landlord responsibilities are limited to roof replacement and structure; the tenant is responsible for all other expenses. This property offers a secure, long-term investment with significant upside potential in a thriving market. Built in 2000, this property represents a stable and attractive investment opportunity.
Highlights
$2,270,000 asking price for a 4,577 SF retail property in Buford, GA.
Single-tenant, Heartland Dental-occupied property with a 7-year remaining lease term (10-year lease, commencing 12/01/2021).
6.05% cap rate with a $137,310 NOI.
Located in a high-traffic area, with excellent visibility as a Publix outparcel near I-985 (73,200 VPD) and Highway 347 (32,500 VPD).
Strong tenant: Heartland Dental, the largest dental support organization in the US, with a corporate guaranteed lease including 10% rent increases every 5 years.
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