Dental Office Investment in Ocoee, Florida – Absolute NNN Lease
Description
This newly constructed dental office investment in Ocoee, Florida offers a rare 10-year absolute NNN lease with zero landlord responsibilities. Backed by Heartland Dental, the largest dental support organization in the United States with more than 1,800 practices, this property delivers both security and reliable long-term income. With annual rent escalations and prime positioning in the Orlando MSA, this is a turnkey opportunity for investors seeking passive, growth-oriented real estate.
Prime Orlando MSA Location
Located in Ocoee, Florida, within the booming Orlando metropolitan area, this property sits on a high-traffic corridor with visibility to over 49,000 vehicles daily. The site is strategically positioned near Orlando Health Hospital and surrounded by complementary retail and medical tenants, ensuring consistent consumer demand.
Absolute NNN Lease Structure
This offering provides a true passive investment with zero landlord responsibilities. Under the absolute NNN lease, the tenant assumes all expenses, including taxes, insurance, maintenance, and repairs, creating predictable income with no management burden.
Strong Lease Terms with Growth Potential
The 10-year primary lease term features 10% rent escalations every five years, delivering reliable NOI growth. These built-in increases make the property an attractive long-term hold with stable income appreciation.
Robust Demographics and Spending Power
The surrounding trade area within a 5-mile radius boasts more than 218,000 residents, projected to grow steadily over the next several years. The high household income levels, averaging over $111,000 within one mile, provide a strong consumer base and reinforce the property’s long-term success.
Modern Construction with Long-Term Appeal
Built in 2023, the 5,917-square-foot dental office incorporates modern design and state-of-the-art technology. The facility is optimized for high patient volume and operational efficiency, further strengthening the tenant’s long-term commitment to the site.
High Visibility and Consumer Synergy
Situated in a dense commercial corridor, the property benefits from direct access to SR 50 and Florida’s Turnpike. Surrounded by popular retail, dining, and healthcare operators, this location ensures strong tenant performance and continued demand.
Address
Overview
- Property ID 13998
- Price $4,949,000.00
- Property Type Office, Retail
- Property status Sale
- Year Built 2023
- Size 5,917 SqFt
- Sub Type Medical Office, Storefront, Heartland Dental
- Investment Type Net Lease
- Lease Type Absolute NNN
- Tenant Credit Corporate Guarantee
- Tenancy Single
- Brand/Tenant Aspen Dental, Heartland Dental
- Lease Term 10 years
- Lease Commencement 03/01/2025
- Lease Expiration 02/28/2035
- Remaining Term 10 years
- Square Footage 5,917
- Lot Size (acres) 1.12
- Rent Bumps Yes
- Ground Lease No
- Sale Condition 1031 exchange
- Cap Rate 5.50%
- NOI $272,182
