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Heartland Dental

$3,611,000

20301 Pleasant Plains Parkway, Land O' Lakes, FL 34638

Active
Last Updated: 04/01/2025

5.15

Cap Rate

185,966

NOI

Details:
Cap Rate:    5.15%
NOI:    $185,966
Building Size:    4,280 sqft
Lot Area:    4.38 acres
Lease Type:    Absolute Net
Year Built:    2019
Tenancy:    Single
Parking Spots:    30
Highlights:
  • Brand-new 10-year absolute NNN lease featuring 10% rental increases every 5 years
  • Lease signed by tenant’s corporate entity – Heartland Dental, LLC
  • Adjacent to Publix and McDonald’s
  • Zero landlord maintenance or expense obligations
  • Large 4.38 acre lot
  • Heartland Dental’s 2024 revenue, reported to be in excess of $3B, makes it the largest dental support organization in the U.S.
  • $128,000 average household incomes within a 3-mile radius of the subject property
Description:

A corporate Heartland Dental on a brand-new 10-year absolute NNN lease featuring 10% rental increases every 5 years and four, 5-year extension options. The subject property is located in an affluent, family-friendly market providing a natural customer base for Heartland – $128,000 average household incomes within a 3-mile radius.

Map:
Documents:
Title
HeartlandDental_LandOLakesFL.pdf
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Location
Gallery