Overview

Description

• 8+ years remaining on an original 10-year corporate guaranteed lease with 3 (5-year) option periods to extend, demonstrating their long-term commitment to the site
• Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• Heartland Dental was founded in 1997, What started from the entrepreneurial spirit of Rick Workman, DMD, with his single dental practice, has evolved into affiliating with over 2,300 doctors in over 1,550 locations across 38 states

• The subject property is ideally located at the signalized, hard corner intersection of Okeechobee Blvd and Grand Blvd (combined 56,300 VPD)
• US Hwy 17 is the major East/West thoroughfare traveling through the city of West Palm Beach
• The site benefits from significant amounts of highway frontage and exposure along Okeechobee Blvd, and is an outparcel to the Shoppes at Andros Isle
• The immediate trade area is supported by surrounding retailers such as Target, ALDI, Publix, Walmart Supercenter, and more
• Strong tenant synergy increases consumer draw to the subject property

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