20301 Pleasant Plains Pky - Freestanding FOR SALE


Land O Lakes, FL 34637
$3,611,000 USD
650-678-7200
20301 Pleasant Plains Pky, Land O Lakes, FL for Sale
$3,611,000 USD
Freestanding - FOR SALE
1/3
null | 5.15% Cap Rate

20301 Pleasant Plains Pky
Land O Lakes, FL 34637


HIGHLIGHTS

  • Brand-new 10-year absolute NNN lease featuring 10% rental increases every 5 years
  • Lease signed by tenant’s corporate entity – Heartland Dental, LLC
  • Adjacent to Publix and McDonald’s
  • Zero landlord maintenance or expense obligations
  • Large 4.38 acre lot
  • Heartland Dental’s 2024 revenue, reported to be in excess of $3B, makes it the largest dental support organization in the U.S.

OVERVIEW

A corporate Heartland Dental on a brand-new 10-year absolute NNN lease featuring 10% rental increases every 5 years and four, 5-year extension options. The subject property is located in an affluent, family-friendly market providing a natural customer base for Heartland – $128,000 average household incomes within a 3-mile radius.

FOR SALE DETAILS

PRICE

$3,611,000 USD

PRICE/SF

$844 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.38 AC

LAND SF

190,793 SF

ZONING

-

APN/PARCEL ID

35-25-18-0100-00000-0020

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.