Heartland Dental Abs. NNN | Longwood, FL (Orlando MSA)
5.25% Cap - Rare Abs. NNN Lease Structure
Investment highlights
RARE LEASE STRUCTURE
One of the first Abs. NNN Leased Heartland Dentals
Corporate Guaranty by Heartland Dental
10% Rental Increases every 5 years, including option periods
CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
Heartland Dental is the largest dental support organization in the United States
Over 1,800 Locations
2023 Total Revenue over $3B
RECENTLY RENOVATED BUILDING
The Building has been renovated and retrofitted to suit tenant’s needs
New roof was installed
Transferable warranties in place
POSITIONED ON HIGH TRAFFICKED RETAIL CORRIDOR
Located on State Road 434 (30,000 VPD) and near I-4 (131,500 VPD)
Over 615K SF of retail space within a 1-mile radius
Nearby Retailers include: LA Fitness, Publix, Starbucks, Truist, Burger King, etc
HIGH GROWTH ORLANDO MSA
Orlando, FL region is projected to add more than 1,500 people every week for the next 11 years
Orlando was the 2nd fastest growing metro from 2022 to 2023
2.1% forecasted employment growth for 2024 (1.4% National Avg.)
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