NNN Dental Investment in Land O’ Lakes

$3,611,000
For sale
14600 Property ID
4,280 SqFt Size

Description

This NNN Dental Investment is located in Land O’ Lakes, Florida and features a freestanding medical office leased to Heartland Dental under a corporate-signed absolute NNN lease. The asset offers investors stable, long-term income with scheduled rental increases and multiple extension options, all while eliminating landlord maintenance and expense responsibilities.

The property is positioned within an affluent, family-oriented Tampa-area submarket that naturally supports consistent dental demand. Strong household incomes in the immediate trade area reinforce long-term tenant performance and make the location highly desirable for healthcare-oriented retail and office use.

Sitting on a large parcel with ample parking, the building benefits from excellent accessibility and visibility within a growing commercial corridor. Combined with recent renovations and a well-established tenant, this opportunity delivers both income security and long-term appreciation potential in one of Florida’s fastest-growing regions.

Investment Highlights

  • Brand-New Absolute NNN Lease: 10-year lease with zero landlord responsibilities
  • Built-In Rent Growth: 10% rental increases every five years throughout the base term and options
  • Corporate Lease Execution: Lease signed by Heartland Dental, LLC
  • Strong Healthcare Tenant: Supported by a national dental organization with reported revenue exceeding $3B
  • High-Income Trade Area: Average household incomes of approximately $128,000 within a three-mile radius
  • Prime Retail Adjacency: Located near daily-need retail and food service drivers
  • High-Growth Tampa Submarket: Strong population growth and sustained residential development

Address

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Overview

  • Property ID 14600
  • Price $3,611,000
  • Property Type ,
  • Property status
  • Size 4,280 SqFt
  • Sub Type Medical Office, Dental Office, Freestanding
  • Investment Type Net Lease
  • Lease Type Absolute NNN
  • Tenancy Single
  • Brand/Tenant Heartland Dental
  • Lease Term 10 years
  • Lease Expiration 02/28/2035
  • Remaining Term 9.1 years
  • Net Rentable (SqFt) 4,280
  • Cap Rate 5.15%
  • Occupancy 100%
  • NOI $185,966
  • Year Renovated 2019
  • Buildings 1
  • Stories 1
  • Lot Size (acres) 4.38
  • Parking (spaces) 30
  • Rent Bumps 10% every 5 years
  • Lease Options Four, 5-Year

Contact

Juliette Guirguis

Property Agent

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