16147 Marsh Rd - Retail FOR SALE


Winter Garden, FL 34787- Johns Lake
$4,179,000 USD
980-498-3293
16147 Marsh Rd, Winter Garden, FL for Sale
$4,179,000 USD
Retail - FOR SALE
1/4
null | 5% Cap Rate

16147 Marsh Rd
Winter Garden, FL 34787
Johns Lake


HIGHLIGHTS

  • LARGEST DENTAL ORGANIZATION GUARANTY
  • HIGH GROWTH ORLANDO MSA
  • RECENT CONSTRUCTION

OVERVIEW

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.)

FOR SALE DETAILS

PRICE

$4,179,000 USD

PRICE/SF

$995 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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