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4033 Fountain Ln
Horn Lake, MS 38637

$3,545,451 USD

Medical For Sale  •  4,503 SF

Property Details

  • Property Type Medical
  • Total Building Size 4,503 SF
  • Lot Size 1.04 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 5.65 %
  • Tenancy Single
0 Transit Score
40 Walk Score

Highlights

Best in Class Tenant: Heartland is the country’s largest network of dental practices with over 1,800 locations, 2,800 doctors, and 20,000 employees.
Recession Resistant, $187 Billion Industry: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
Robust & Growing Retail Corridor: The property sits within an extremely well positioned retail corridor that has sprouted up over the past decade.
High Growth Market Within Memphis MSA: The NW Mississippi suburbs of Memphis have boasted strong growth over the past five years
Absolute NNN Lease: Healthcare properties are rarely offered as completely hands off investments with no landlord responsibilities.
Incredible Inflation Hedge: The new 10% rent increase schedule in years 6, 11, and 13 would grow the rent by over 33%
Cap Rate: 5.65 %

Major Tenants

Tenant SF Occupied Lease End Date
Heartland Dental 1/11/2036

Public Transportation

AirportDriveWalkDistance
Memphis International 22 min - 12.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Thor St John 510-684-0574 Matthews Real Estate Investment Services
Thor St John 510-684-0574 Matthews Real Estate Investment Services