RARE LEASE STRUCTURE
- One of the first Abs. NNN Leased Heartland Dentals
- Zero landlord responsibilities
- 12 Years lease with four (4) five (5) year extensions
- 10% rental Increases every 5 years and in option periods
LARGEST DENTAL ORGANIZATION GUARANTY
- Heartland Dental is the largest dental support organization in the United States
- Over 1,800 Locations
- 2023 Total Revenue was $3B
HIGH TRAFFICKED RETAIL CORRIDOR
- Fronting South Osprey Ave (14,000 AADT) and parallel to South Tamiami Trail (51,000 AADT)
- Over 1.7M SF of retail space within a 1-mile radius boasting a 2.7% vacancy rate (costar data)
- Nearby National Tenants include: Publix (985K visits in 2024; top 76th percentile in 15 mile radius), Trader Joe’s, ALDI, LA Fitness, Macy’s, and more
RECENT RENOVATIONS
- The Building has recently been built to suit the tenant’s specifications
- Tenant has paid to add specific capital improvements to enhance operational performance
NEARBY SCHOOL SYSTEM PROVIDING HIGH CLIENT RETENTION
- Across the street from Brookside Middle School (750 students), and just 0.8 miles from Southside Elementary School (700 students), this location benefits from a strong, family-oriented consumer base, providing consistent demand for dental care throughout their entire lives
JUST INLAND FROM SIESTA KEY
- Siesta Key was rated the best beach in the contiguous United States and 11th in the world
- The average household income within a 1-mile radius of the site is more than $140K
- The population within a 5-mile radius of the Heartland Dental is over 155K