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28040609
28040610

1509 SW Pine Island Rd, Cape Coral, FL 33991 For Sale

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$4,078,000
68 days on market
Updated 68 days ago

NNN Heartland Dental - Cape Coral FL

Details
APN 15-44-23-C4-10000.0030
Property Type Retail
Sub Type Storefront
Square Footage 4,200
Cap Rate 5.15%
NOI $210,000
Occupancy 100%
Tenancy Single
Brand/Tenant Aspen Dental, Heartland Dental
Lease Type Absolute NNN
Lease Term 12.1
Lease Expiration 09/30/2037
Remaining Term 11.2
Rent Bumps Yes
Lease Options 4 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 0.900
Zoning Commercial
Parking Spaces 13 spaces
Parking per 1,000 SqFt 3.10
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/04/2025
Ownership Fee Simple Ownership
Sale Condition 1031 exchange

Absolute NNN | Corporate Lease | 10% Increases Every Five

Marketing description

Introducing a prime Investment Opportunity in Cape Coral, FL! 1509 SW Pine Island Road offers a brand new 12-year lease with Heartland Dental, a leading dental support organization with a solid corporate guaranty. This single-tenant property, part of a larger retail development, boasts a net operating income of $210,000 and a competitive 5.00% cap rate. Featuring a rentable area of 4,200 SF on 0.83 AC of land, the property benefits from 10% rental increases every 5 years, illustrating strong growth potential. With a strategic location at a signalized hard corner intersection and in a dense residential trade area, this investment promises long-term stability and attractive returns. Don't miss the chance to secure this high-quality NNN property with a well-known tenant. Contact us to learn more about 1509 SW Pine Island Road and capitalize on this exceptional real estate opportunity in Southwest Florida.

Investment highlights

  • Brand New 12 Year Lease | Scheduled Rental Increases |Corporate Signed Lease | Well-Known & Established Brand

  • Absolute NNN | Fee Simple Ownership | No State Income Tax |Zero Landlord Responsibilities

  • Signalized, Hard Corner Intersection | Part of Larger Retail Development | Dense Residential Trade Area | Nearby Development | Strong Placer.ai Data

  • Coral Grove | 131 Acre New Towne Center | Premier Cape Coral Destination

  • Demographics & 5-Mile Trade Area | Annual Population Growth | Six-Figure Incomes

Listing Contacts

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,000.00
$17,500.00/mo

Valuation Metrics

0
DSCR
5.15%
Cap Rate
5.15%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
William Wamble
License
SL3257920
Name
Patrick Nutt
License
BK3120739
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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