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Orlando, FL - Pacific Dental (Narcoossee Rd)

$3,504,000

FL-Orlando-Narcoossee Rd & McCoy Rd, Orlando, FL

Active
Last Updated: 11/01/2024

5.65

Cap Rate

198,000

NOI

Details:
Cap Rate:    5.65%
NOI:    $198,000
Building Size:    4,000 sqft
Description:

• Brand new 10-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site
• 2024 construction which features high-quality materials, high-level finishes, and distinct design elements
• The lease is corporate signed
• The lease features 10% rental increases every 5 years and at the beginning of each option
• Pacific Dental Services (PDS) is one of the country’s leading dental and medical support organizations, empowering clinicians with supported autonomy to deliver comprehensive patient care
• Since its foundation in 1994, PDS has grown to support over 4,500 clinicians (dentists, dental hygienists, physicians, and nurse practitioners) in nearly 1,000 practices across 24 states and continues to expand

• Pacific Dental is fronting Narcoossee Road and is an outparcel to the new Encore at Narcoossee multi-family development that is under construction (249-units)
• Other surrounding developments under construction include Eagle Lake (900-units), Selene (293-units), Everbe (3,486-homes), and more
• Right next to Orlando International Airport (MCO), Florida’s second busiest airport with 15,000,000+ emplanements annually

Map:
Location
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