Kissimmee, FL - Heartland Dental

Description:

• The tenant signed a brand new 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 1,900 offices and 3,000 doctors

• Ideally situated along West Irlo Bronson Memorial Highway (US-192) a heavily traveled Central Florida corridor (56,500 VPD)
• 50,000+ residential units planned in immediate trade area, including Horizons West (42,000 units), Orange Lake Resorts (4,500 hotel units), Everest Place (2,778 hotel homes and units), Margaritaville Resorts (186 hotel rooms & 300 timeshare units)
• Subject property is located minutes from Walt Disney World Resort
• Part of a major development project that includes Starbucks, Fifth Third Bank, Culver’s, Taco Bell, Dunkin’, RaceTrac, Dollar Tree and more
• The surrounding tenants include Wawa, AdventHealth, Publix, Aldi, Mcdonald’s and many others

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Listing ID: a28TP000002djnJYAQ