Heartland Dental | 12-Year Abs NNN Lease
Rare 12-Year Abs NNN Lease | Walmart Outparcel
Marketing description
Premier Retail Corridor Location: Situated along E Osceola Parkway, a major commercial artery with strong connectivity to key economic centers, including downtown Orlando and Orlando International Airport.
Strong Lease Terms & Income Growth: Heartland Dental operates under an absolute NNN lease, eliminating landlord responsibilities while providing 10% rent escalations every five years and in option periods, ensuring a steadily increasing income stream.
New Construction, High-Quality Asset: Built in 2024, the 3,787 SF facility features modern design, high visibility, and energy-efficient features, ensuring longevity and minimal maintenance.
Densely Populated & High-Income Area: Over 170,000 residents within a 5-mile radius, with median household incomes projected to increase significantly by 2029, enhancing the site's long-term investment appeal.
Retail Synergy & Consumer Draw: Located in a retail-heavy corridor alongside major national brands such as Walmart, ALDI, and Walgreens, benefiting from strong consumer traffic and regional retail demand.
Accessibility & High Traffic Counts: East Osceola Parkway and nearby Boggy Creek Road see daily traffic exceeding 30,000 vehicles, reinforcing strong visibility and accessibility for the property.
Investment highlights
12-year primary lease term with 10% rental increases every five years and an additional 10% increase in Year 11, with the next increase in the start of the option period (Year 13).
Tenant is responsible for all property expenses, including taxes, insurance, and maintenance, ensuring a completely passive investment.
10% rental increases every five years during the lease term and options, providing a strong hedge against inflation.
Heartland Dental supports over 1,800 practices nationwide, backed by a strong financial foundation and proven operational success.
Positioned along East Osceola Parkway, a key thoroughfare with daily traffic counts
exceeding 30,000 vehicles.
Walmart outparcel location, just off of a hard signalized corner, ensures strong daily consumer traffic and visibility.
Proximity to Orlando International Airport (4.5 miles) and downtown Orlando (12 miles) enhances regional accessibility.
Located in a densely populated area with over 170,000 residents within a 5-mile radius.
Strong 5-mile average household income of $98,284 (expected to grow by 19%+ by 2029).
Kissimmee is a vibrant, diverse city with a high percentage of families and young professionals driving demand for dental care.
Recently built in 2025, featuring a modern, high-efficiency 3,787 SF facility.
High-quality construction minimizes maintenance and capital expenditure requirements.
Strategic location near national retailers including Walgreens, Taco Bell, ALDI, Firestone, Ross, 7-Eleven, and others.
Surrounded by significant residential growth, driving increased demand for healthcare services.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
