NNN Dental Office Investment in Fort Myers

$3,384,000
For sale
14590 Property ID
3,961 SqFt Size

Description

This NNN Dental Office Investment is located in Fort Myers, Florida and features a freestanding, single-tenant medical office leased to Heartland Dental under an absolute NNN structure. The property offers investors long-term, passive income supported by a nationally established dental operator with corporate lease execution and built-in rent growth throughout the lease term.

The asset benefits from prominent frontage at a signalized, high-traffic intersection within one of Fort Myers’ most active commercial corridors. The surrounding area is anchored by a large, well-established retail destination that drives consistent consumer traffic and supports strong daily activity. This positioning enhances long-term tenant performance and reinforces the site’s desirability.

The building was recently renovated with significant capital invested into interior improvements, specialized dental equipment, roofing, and site enhancements. Situated on an expansive parcel in a dense, high-income trade area, the property combines modern construction quality with durable medical tenancy, making it well suited for investors seeking stability and inflation-protected income.

Investment Highlights

  • Absolute NNN Lease Structure: Zero landlord responsibilities with a long-term lease in place
  • Scheduled Rent Increases: 10% rental increases during the base term and at the start of each renewal option
  • Corporate Tenant Execution: Lease signed by Heartland Dental’s corporate entity
  • Recently Renovated Asset: Substantial capital invested into interior buildout, equipment, roof, and parking improvements
  • High-Traffic Signalized Intersection: Approximately 54,000+ vehicles per day supporting visibility and access
  • Large Freestanding Parcel: Positioned on an oversized lot allowing for excellent circulation and site presence
  • Dense Metro Population: Over 160,000 residents within a five-mile radius
  • Medical-Oriented Location: Strong surrounding retail and service uses that complement healthcare demand

Address

  • Address Fort Myers, FL
  • Country United States
  • Province/State
  • City/Town
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Overview

  • Property ID 14590
  • Price $3,384,000
  • Property Type ,
  • Property status
  • Size 3,961 SqFt
  • Sub Type Medical Office, Dental Office, Freestanding
  • Investment Type Net Lease
  • Lease Type Absolute NNN
  • Tenancy Single
  • Brand/Tenant Heartland Dental
  • Lease Term 12 years
  • Lease Expiration 11/30/2035
  • Remaining Term 9.9 years
  • Net Rentable (SqFt) 3,961
  • Price per SqFt $854.33
  • Cap Rate 5.15%
  • Occupancy 100%
  • NOI $174,284
  • Units 1
  • Year Renovated 2023
  • Buildings 1
  • Stories 1
  • Lot Size (acres) 1.18
  • Rent Bumps Yes
  • Lease Options Four, 5-Year

Contact

Zena Bardawell Farah

Property Agent

+1 305-967-7200
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