Apollo Beach, FL - Heartland Dental

Description:

• The tenant recently signed a brand new 10-year lease with 2 (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 1,700 offices and 2,700 doctors

• Strategically located near the signalized, hard corner intersection of Paseo Al Mar Boulevard and Tamiami Trail, averaging 57,900 VPD
• The major surrounding commuter routes make this a centralized location with easy access
• Ideally situated near Paradise Shoppes of Apollo Beach (120K+ SF), Waterside Shoppes (46K+ SF), and other prominent shopping centers
• The surrounding tenants include Publix, First Watch, Truist Bank, Dunkin, Verizon, Starbucks, CVS Pharmacy, and many others
• Built in 2025, the asset features a state-of-the-art design using the highest-quality materials available
• The subject lies within the The Yard at Waterset development, a brand new project that includes 236 luxury multi-family units and 81K+ SF of retail with notable tenants including Crunch Fitness, WingStop, Edward Jones, Planet Smoothie, and others