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Heartland Dental - Abs. NNN 11959 Decubellis Rd 4,328 SF Office Building New Port Richey, FL 34654 $5,443,809 CAD ($1,257.81 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 12-Year Absolute NNN Lease with Corporate Guaranty by Heartland Dental
- New High-Quality 2024 Construction
- Growing Tampa Trade Area with 148,182 Residents within a 5-Mile Radius
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Situated in Riverwalk Crossings Shopping Center, Outparcel to Publix Super Market
- Households and Population Projected to Increase 5-7% in the Surrounding Area by 2028
EXECUTIVE SUMMARY
Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support.
New Port Richey is a city located in Pasco County, Florida, situated on the west coast of the state, near the Gulf of Mexico. New Port Richey is about 35 miles northwest of downtown Tampa, making it part of the greater Tampa Bay metropolitan area.
New Port Richey is a city located in Pasco County, Florida, situated on the west coast of the state, near the Gulf of Mexico. New Port Richey is about 35 miles northwest of downtown Tampa, making it part of the greater Tampa Bay metropolitan area.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
4,328 SF
Building Class
B
Year Built
2024
Price
$5,443,809 CAD
Price Per SF
$1,257.81 CAD
Cap Rate
5%
NOI
$272,190 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,328 SF
Building FAR
0.12
Lot Size
0.80 AC
Zoning
C2 - Commercial
Parking
11 Spaces
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 32-25-17-0000-00400-0090 | Improvements Assessment | $851,652 CAD |
| Land Assessment | $367,801 CAD | Total Assessment | $1,219,453 CAD |
PROPERTY TAXES
Parcel Number
32-25-17-0000-00400-0090
Land Assessment
$367,801 CAD
Improvements Assessment
$851,652 CAD
Total Assessment
$1,219,453 CAD
CONTACTS
-
Alex Frankel -
Zack House -
Mark Ruble -
Christopher Lind -
Ryan Nee -
Marcus & Millichap
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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Heartland Dental - Abs. NNN | 11959 Decubellis Rd
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