RARE LEASE STRUCTURE
- One of the first Abs. NNN Heartland Dental lease formats
- Zero landlord Responsibilities
- 12 Year lease with four (4) five (5) year extensions
- 10% Rental Increases every 5 years and in extensions
LARGEST DENTAL ORGANIZATION GUARANTY
- Heartland Dental is the largest dental support organization in the United States
- Over 1,800 Locations
- 2024 Total Revenue was over $3B
NEARBY MARKET DRIVERS
- Just east of the site is the Nest Schools Winter Garden - Nest Schools is a day care and school for infants through kindergarteners
- Just 1.5 miles east of the site is Whispering Oak Elementary school with students enrolled from PK to 5th grade
- There are more than 1,000 students enrolled at these schools providing a large nearby customer base
ORLANDO, FL NEIGHBORHOOD
- AHHI exceeds $184K in 1-mile radius, $170K in 3-mile, and $160K in 5-mile radius
- Winter Garden is a very densely populated and wealthy community with high discretionary income
RECENT CONSTRUCTION
- The Building has recently been built to suit the tenant’s specifications
- Tenant has paid to add specific capital improvements to enhance operational performance
HIGH GROWTH ORLANDO MSA
- Orlando, FL region is projected to add more than 1,500 people every week for the next 11 years
- Orlando was the 2nd fastest growing metro from 2022 to 2023
- 2.1% forecasted employment growth for 2024 (1.4% National Avg.)