Dental Net Lease in Clermont , FL
Description
This Clermont dental net lease opportunity features a single-tenant medical office property in Clermont, Florida, secured by a corporate-backed tenant under a double-net (NN) lease structure. The asset offers stable in-place income with built-in rent growth and long-term upside potential, making it well suited for investors seeking predictable cash flow in a growing Central Florida market.
The property is strategically positioned along a major commercial corridor in Clermont, benefiting from strong visibility and access at a signalized intersection. Traffic counts in the immediate area exceed 62,000 vehicles per day, supporting consistent patient demand and reinforcing the long-term viability of the location for medical office use.
The surrounding trade area continues to experience strong population growth, significantly outpacing national averages. Ongoing residential and commercial development in the immediate vicinity further enhances the site’s appeal and supports future leasing strength as the market continues to expand.
The lease is secured by a corporate guarantee from a nationally recognized dental services provider with a large and established footprint across the United States. An attractive in-place rental rate relative to the local market provides meaningful upside potential at lease expiration, while fee simple ownership allows investors to benefit from depreciation and long-term appreciation.
Investment Highlights
• Single-tenant medical office investment in Clermont, Florida
• Double-net (NN) lease with corporate guarantee
• Approximately five years remaining on the current lease term
• 7% rent increases every five years providing income growth
• Signalized hard-corner location with strong traffic exposure
• Traffic counts exceeding 62,000 vehicles per day
• Rapid population growth in the surrounding trade area
• Fee simple ownership offering depreciation and tax advantages
• Low in-place rent relative to market, creating upside potential
• Growing commercial corridor with ongoing new development
Address
Overview
- Property ID 14659
- Price $2,530,782
- Property Type Office
- Property status For sale
- Year Built 2018
- Size 4,000 SqFt
- Sub Type Medical Office
- Investment Type Net Lease
- Investment Sub Type Double Net (NN)
- Lease Type NN
- Tenant Credit Corporate Guarantee
- Tenancy Single
- Brand/Tenant Pacific Dental Services LLC
- Lease Term 11.3 years
- Lease Commencement 08/28/2020
- Lease Expiration 12/31/2031
- Remaining Term 5 years
- Price per SqFt $632.70
- Cap Rate 5.75%
- Occupancy 100%
- NOI $145,520
- Air Rights (SqFt) 4,000
- Lot Size (acres) 0.64
- Rent Bumps 7% Every 5 Years
- Lease Options 3 x 5 Year Option
