Log In/Sign Up
Your email has been sent.
Heartland Dental 9163 Babcock St SE 4,260 SF Retail Building Palm Bay, FL 32909 $5,742,366 CAD ($1,347.97 CAD/SF) 5% Cap Rate
Investment Highlights
- LOCATED IN FAST GROWING & HIGHLY AFFLUENT PALM BAY
- BREVARD COUNTY ECONOMIC DRIVERS
- PUBLIX OUTPARCEL & NEW DEVELOPMENT
Executive Summary
CORPORATE GUARANTEE FROM CREDIT TENANT
- Heartland Dental is the largest dental support organization in the United States
- Over 1,800 Locations
- 2024 Total Revenue was $4.2B
STRATEGIC CONNECTIVITY
- This brand new construction is less than 3 miles from I -95
- Quick access to Palm BayMelbourne-Titusville regional market
- 242 feet of frontage and excellent visibility
PUBLIX OUTPARCEL & NEW DEVELOPMENT
- Immediate trade area features multiple master planned residential communities under construction
- Cypress Bay Preserve, Emerald Lakes and Edgewood at Everland’s
- Across the street from Courtyard at Waterstone
- Outparcel to Publix Shopping Center
LOCATED IN FAST GROWING & HIGHLY AFFLUENT PALM BAY
- AHHI exceeds $180K in a 1-mile radius
- Within the rapidly growing Palm Bay–Melbourne–Titusville MSA (600,000+ residents)
- Palm Bay is the largest city in Brevard County (127,000+ residents) and benefits from strong aerospace, defense, and tech employment clusters led by Lockheed Martin, L3Harris, and Northrop Grumman
- Potential customers with an AHHI greater than $160,000
STRONG LEASE FUNDAMENTALS
- Abs. NNN Heartland Dental concepts
- Zero landlord Responsibilities
- 12 Years lease with four (4) five (5) year extensions
- 10% Rental Increases every 5 years and in option periods
BREVARD COUNTY ECONOMIC DRIVERS
- Anchored by aerospace, defense, and high-tech employers
- L3Harris (8,000+ employees), Northrop Grumman (6,500+ employees), and Lockheed Martin contribute to consumer spending
- Heartland Dental is the largest dental support organization in the United States
- Over 1,800 Locations
- 2024 Total Revenue was $4.2B
STRATEGIC CONNECTIVITY
- This brand new construction is less than 3 miles from I -95
- Quick access to Palm BayMelbourne-Titusville regional market
- 242 feet of frontage and excellent visibility
PUBLIX OUTPARCEL & NEW DEVELOPMENT
- Immediate trade area features multiple master planned residential communities under construction
- Cypress Bay Preserve, Emerald Lakes and Edgewood at Everland’s
- Across the street from Courtyard at Waterstone
- Outparcel to Publix Shopping Center
LOCATED IN FAST GROWING & HIGHLY AFFLUENT PALM BAY
- AHHI exceeds $180K in a 1-mile radius
- Within the rapidly growing Palm Bay–Melbourne–Titusville MSA (600,000+ residents)
- Palm Bay is the largest city in Brevard County (127,000+ residents) and benefits from strong aerospace, defense, and tech employment clusters led by Lockheed Martin, L3Harris, and Northrop Grumman
- Potential customers with an AHHI greater than $160,000
STRONG LEASE FUNDAMENTALS
- Abs. NNN Heartland Dental concepts
- Zero landlord Responsibilities
- 12 Years lease with four (4) five (5) year extensions
- 10% Rental Increases every 5 years and in option periods
BREVARD COUNTY ECONOMIC DRIVERS
- Anchored by aerospace, defense, and high-tech employers
- L3Harris (8,000+ employees), Northrop Grumman (6,500+ employees), and Lockheed Martin contribute to consumer spending
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
4,260 SF
Building Class
B
Year Built
2026
Price
$5,742,366 CAD
Price Per SF
$1,347.97 CAD
Cap Rate
5%
NOI
$287,118 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.20 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Heartland Dental
- -
- 4,260 SF
- -
- Jan 2038
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Heartland Dental | - | 4,260 SF | - | Jan 2038 |
Property Taxes
| Parcel Number | 30-37-03-52-00000.0-00C5.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,067,246 CAD |
Property Taxes
Parcel Number
30-37-03-52-00000.0-00C5.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,067,246 CAD
Contacts
-
David Hoppe -
Mike Lucier -
Ben Olmstead -
Ben McCarter -
Connor Kuchman -
Atlantic Capital Partners
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Heartland Dental | 9163 Babcock St SE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.