Monticciolo Family & Sedation Dentistry | Abs NNN | +14 Yrs
Best-In Class-Tenant | Long-Term Absolute NNN Lease | Explosive Population Growth
Investment highlights
Best-In Class-Tenant — This New Port Richey office is among Monticciolo’s largest and best-performing locations, making it a mission critical location for the company. The company provides a full range of general dentistry services but stands out as a leader in sedation dentistry, a set a of techniques and practices used to help patients stay comfortable and minimize pain during treatment.
Absolute NNN Lease — Healthcare properties are rarely offered as completely hands off investments with no landlord responsibilities. This lease structure is perfect for any investor
looking for a property without any expense, management, or maintenance responsibilities.High Growth, Recession Resistant, $187 Billion Industry — Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually. This offering provides the opportunity to acquire a property within one of the most important areas of healthcare.
Robust & Growing Retail Corridor — The property sits within an extremely well positioned retail corridor and is across the street from a Publix anchored shopping center. The property benefits from extremely high visibility as Little Rd sees over 44,000 cars per day directly in front of the building.
Explosive Population Growth — Within five miles of the property, the area has seen a massive population boom, growing over 8.50% from 2020-2024. This growth is projected
to ramp up to 20% over the next four years, with the number of residents growing from 166,000 to over 200,000 by 2029.Zero Income Tax State — Florida having no income tax makes this an ideal investment for anyone in Florida or other income tax free states.
Specialized Use & Tenant Investment in Location — It is highly cost prohibitive for dental practices to relocate due to having one of the highest build-out costs across all medical
specialties. Practices tend to stay put due to difficulty in retaining the same patients after moving. Monticciolo has operated at this location for over a decade and just signed a 15-year lease for the location.
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