• Broker John Andreini 6506787200
  • Broker Kirby Dederian 4152742700

Heartland Dental 9749 Commercial Way 3,544 SF Office Building Weeki Wachee, FL 34613 $2,569,000 ($724.89/SF) 5.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand-new 10-year absolute NNN lease featuring 10% rental increases every 5 years
  • Adjacent to Publix-anchored shopping center
  • Large 1.10 acre lot
  • Lease signed by tenant’s corporate entity – Heartland Dental, LLC
  • Zero landlord maintenance or expense obligations
  • Heartland Dental’s 2024 revenue, reported to be in excess of $3B, makes it the largest dental support organization in the U.S.

EXECUTIVE SUMMARY

A corporate Heartland Dental on a brand-new 10-year absolute NNN lease featuring 10% rental increases every 5 years and four, 5-year extension options. The subject property is adjacent to the Shoppes at Glen Lakes – a 70,000+ SF Publix-anchored shopping center with major national tenants including Anytime Fitness, Walgreens, and Dunkin’.

ATTACHMENTS

HeartlandDental_WeekiWacheeFL

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,544 SF
Building Class
B
Year Built
2020
Price
$2,569,000
Price Per SF
$724.89
Cap Rate
5.15%
NOI
$132,280
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,544 SF
Building FAR
0.07
Lot Size
1.14 AC

LINKS

PROPERTY TAXES

Parcel Number R13-222-17-3481-0000-0020 Improvements Assessment $513,438
Land Assessment $364,055 Total Assessment $877,493

MAP

ADDITIONAL PHOTOS

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