Listed by Atlantic Capital Partners
$4,365,000
Heartland Dental | Punta Gorda, FL
Details
Property Type Retail, Office
Sub Type Storefront, Medical Office
Square Footage 4,260
Cap Rate 5.10%
NOI $222,600
Occupancy 100%
Tenancy Single
Brand/Tenant Heartland Dental
Lease Type Absolute NNN
Lease Term 12.1
Lease Expiration 06/30/2038
Remaining Term 12
Rent Bumps Yes
Lease Options Four (4) five-year (5) renewal options
Class A
Year Built 2026
Buildings 1
Acreage 0.723
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/10/2026
Ground Lease No
5.10% CAP | Corp Guarantee
Marketing description
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a brand new Heartland Dental in Punta Gorda, FL. The Premises is leased to Heartland Dental, LLC on an Absolute NNN basis for a twelve (12) year initial term with four (4) five-year (5) renewal options. The property is a purpose-built de novo construction located at the prime corner of US-41 (Tamiami Trail) and Burnt Store Road within Burnt Store Square in Charlotte County, FL. Heartland Dental is the largest dental support organization in the United States and is majority owned by KKR, providing investors with a corporate-guaranteed passive income stream in one of the fastest growing markets in Florida.
Investment highlights
- PRIME CORNER LOCATION — US-41 & BURNT STORE ROAD - Strategically positioned at the signalized intersection of US-41 (Tamiami Trail) and Burnt Store Road in Punta Gorda, FL | Site is part of Burnt Store Square, a major retail node in Charlotte County | US-41 is the primary commercial corridor serving Punta Gorda and surrounding communities.
- HIGH GROWTH SOUTHWEST FLORIDA MARKET - Punta Gorda/Charlotte County is among the fastest-growing markets in Florida and the United States | Southwest Florida continues to attract retirees and new residents driving demand for healthcare and dental services | Punta Gorda MSA has seen consistent population growth fueled by in-migration from northern states.
- ESSENTIAL USE — HEALTHCARE/DENTAL SERVICES - Dental services are among the most recession-resilient essential service categories | Heartland Dental serves the full spectrum of dental patient care including general dentistry, orthodontics, endodontics, oral surgery, and more | Dental DSOs continue to expand in high-growth retirement and suburban markets.
- CORPORATE GUARANTEE FROM HEARTLAND DENTAL, LLC - Heartland Dental is the largest dental support organization in the United States | Over 1,800 supported locations across 38 states | Majority owned by KKR, a leading global investment firm | Based in Effingham, IL with over 2,400 supported dentists and 10,000+ team members nationwide.
- BRAND NEW CONSTRUCTION - Purpose-built, brand new construction developed specifically for Heartland Dental | ~4,260 SF freestanding building on 0.723 acres | All warranties transferable to new owner | New construction minimizes near-term capital expenditure requirements.
- ATTRACTIVE LEASE FUNDAMENTALS - Absolute NNN providing zero landlord responsibilities | 12-Year initial lease term with four (4) five-year (5) renewal options | ~10% rental increases in Year 6, Year 11, and each renewal option | $100,000 tenant improvement allowance provided by landlord.
Listing Contacts
Listed by Atlantic Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$222,600.00
$18,550.00/mo
Valuation Metrics
0
DSCR
5.1%
Cap Rate
5.1%
ROI
Map
Zoning
HC CommercialSpecial CommercialHighway Commercial
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View all 49 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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