This newly constructed single-tenant retail asset presents a rare opportunity to acquire a management-free investment in the heart of Cape Coral’s booming retail corridor. Located at the signalized intersection of Pine Island Road and Chiquita Boulevard, the property benefits from exceptional visibility with traffic counts exceeding 73,500 vehicles per day. The site is part of a larger retail development anchored by ALDI, ABC Fine Wine & Spirits, and Goodwill, and sits just east of a high-performing Walmart Neighborhood Market.
The tenant, Heartland Dental, has signed a 12-year absolute NNN lease commencing September 2025, backed by a corporate guaranty. The lease includes 10% rental increases every five years and four 5-year renewal options, offering built-in income growth and inflation protection. Heartland Dental is the nation’s largest dental support organization, operating over 1,880 locations nationwide.