Heartland Dental - Net Lease Property for Sale
Fort Myers, FL
Key Investment Metrics
Price
$3,384,000
Cap Rate
5.2%
Net Operating Income
$174,284
Building Size
3961 SF
Lot Size
3,961 SF
Land Area
1.18 Acres
Remaining Term
9.9 years
Lease Expiration
11/30/2035
Lease Term
12 years
Lease Commencement
11/30/2023
Lease Type
Absolute NNN
Year Built
N/A
Occupancy
100%
Tenancy
Single
Rent Increases
Yes
About This Heartland Dental Net Lease Property
This Heartland Dental NNN (triple net lease) property is located in Fort Myers, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 3961 square feet of building space.
With a cap rate of 5.2%, this Heartland Dental net lease property offers stable income potential. The asking price is $3,384,000, making it an attractive option for 1031 exchange investors seeking quality Heartland Dental commercial properties.
Why Invest in Heartland Dental NNN Properties?
- Stable Income: Heartland Dental net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Heartland Dental is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Fort Myers, FL Market Overview
Located in Fort Myers, FL, this Heartland Dental property benefits from strong local demographics and market fundamentals. The Fort Myers area offers excellent visibility and accessibility, making it an ideal location for Heartland Dental operations and a solid investment for net lease property buyers.