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Heartland Dental

$3,312,000

2139 Del Prado Boulevard South, Cape Coral, FL 33990

Active
Last Updated: 06/11/2025

5.15

Cap Rate

170,560

NOI

Details:
Cap Rate:    5.15%
NOI:    $170,560
Building Size:    4,558 sqft
Lot Area:    1.21 acres
Lease Type:    Absolute Net
Tenancy:    Single
Year Last Renovated:    2022
Highlights:
  • Brand-new 10-year absolute NNN lease extension featuring 10% rental increases every 5 years
  • Lease signed by tenant’s corporate entity – Heartland Dental, LLC
  • Hard corner positioning exposed to 52,000 vehicles per day in a dense, high income area
  • Tenant pays all common area maintenance directly
  • Large 1.21 acre lot
  • Subject property serves as an outparcel to Coralwood Shopping Center – a 1.5M SF center that had over 2.8M visitors in the past 12 months, per Placer.ai
  • National retailers at the center include ALDI, Home Goods, Hobby Lobby, Burlington, and Ulta
Description:

A corporate Heartland Dental with a 10-year base term featuring 10% rental increases every 5 years and four, 5-year extension options at the same increases. The subject property serves as an outparcel to Coralwood Shopping Center, a 1.5M SF center that had over 2.2M visitors in the past 12 months, per Placer.ai.

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Documents:
Title
HeartlandDental_CapeCoralFL.pdf
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Location
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