?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.