Log In/Sign Up
Your email has been sent.
Heartland Dental - Orlando MSA 1986 FL-19 4,328 SF Office Building Tavares, FL 32778 $5,646,497 CAD ($1,304.64 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- 11 Years Remaining | Scheduled Rental Increases | Corporate Signed Lease | Well-Known & Established Brand
- Tavares Crossroads Outparcel | Surrounding Retailers | Fronting US-19 | Tavares - New Home Developments
- Absolute NNN | Fee Simple Ownership | No State Income Tax | Zero Landlord Responsibilities
- Demographics & 5-Mile Trade Area | Proximity to Orlando
EXECUTIVE SUMMARY
• The tenant has 11 years remaining on a 12-year lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation
• The lease is signed by the corporate entity
• Founded in 1997, Heartland Dental is the nation’s largest dental support organization with over 1,800 offices and 3,000 doctors
• The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation
• The lease is signed by the corporate entity
• Founded in 1997, Heartland Dental is the nation’s largest dental support organization with over 1,800 offices and 3,000 doctors
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
4,328 SF
Building Class
B
Year Built
2024
Price
$5,646,497 CAD
Price Per SF
$1,304.64 CAD
Cap Rate
5%
NOI
$282,330 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,328 SF
Building FAR
0.08
Lot Size
1.21 AC
Zoning
C-2 - Commercial District
Parking
36 Spaces (8.32 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 06-20-26-1000-000-00500 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,187,456 CAD | Total Assessment | $1,187,456 CAD |
PROPERTY TAXES
Parcel Number
06-20-26-1000-000-00500
Land Assessment
$1,187,456 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,187,456 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Heartland Dental - Orlando MSA | 1986 FL-19
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.