Heartland Dental - Net Lease Property for Sale
Tallahassee, FL
Key Investment Metrics
Price
$4,324,280
Cap Rate
5.0%
Net Operating Income
$216,214
Building Size
4080 SF
Lot Size
4,080 SF
Land Area
0.81 Acres
Remaining Term
11.1 years
Lease Expiration
01/31/2037
Lease Term
12 years
Lease Commencement
01/17/2025
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2025
Occupancy
100%
Tenancy
Single
Rent Increases
10% Increases Every 5 Years
About This Heartland Dental Net Lease Property
This Heartland Dental NNN (triple net lease) property is located in Tallahassee, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 4080 square feet of building space and was built in 2025.
With a cap rate of 5.0%, this Heartland Dental net lease property offers stable income potential. The asking price is $4,324,280, 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.
Tallahassee, FL Market Overview
Located in Tallahassee, FL, this Heartland Dental property benefits from strong local demographics and market fundamentals. The Tallahassee area offers excellent visibility and accessibility, making it an ideal location for Heartland Dental operations and a solid investment for net lease property buyers.