Heartland Dental NNN Property For Sale — Land O' Lakes, FL
20301 Pleasant Plains Parkway, Land O' Lakes, FL 34638
This investment opportunity features a brand-new 10-year absolute NNN lease with Heartland Dental, offering 10% rental increases every 5 years and four, 5-year extension options. The lease is corporately guaranteed, providing an excellent passive income stream for investors. Situated in an affluent and family-friendly market, the property benefits from strong demographics, with average household incomes of $128,000 within a 3-mile radius. The location is strategically positioned adjacent to a Publix and McDonald’s, ensuring high visibility and consistent customer traffic. Investors will appreciate the zero landlord maintenance or expense obligations inherent in this absolute NNN lease. Heartland Dental is the largest dental support organization in the U.S., with reported revenue exceeding…
- Address: 20301 Pleasant Plains Parkway, Land O' Lakes, FL 34638
- Asking price $3.61M
- 5.15% cap rate
- NOI $185,966
- 10 years remaining
- NNN lease
- Year built: 2019
- Building size: 4,280 SF
- Lot size: 4.38 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Heartland Dental property is at 20301 Pleasant Plains Parkway in Land O' Lakes, Florida.
Asset type: Retail