Heartland Dental
$3,611,000
20301 Pleasant Plains Parkway, Land O' Lakes, FL 34638
For Sale
Retail
Free Standing
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.
Documents:
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HeartlandDental_LandOLakesFL.pdf
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