ATTRACTIVE LEASE FUNDAMENTALS
- Each Tenant has signed a new 10 years Lease both are corporate guarantees
- Heartland Dental has 4 x 5-year options at 10% while CareSpot has 2 x 5-year options at 10%
STRONG CREDIT TENANTS
- Heartland Dental (1,800+ locations)
- CareSpot Urgent Care (100+ locations nationwide) is backed by dual corporate guarantors — New FM Parent Corp and Orlando Health, a major Florida healthcare system with more than 23,000 employees
- Combined tenancy offers strong credit fundamentals and low risk of default
- Complimentary co-tenancy
LOCATED IN RETAIL DENSE STRIP AND ADJACENT TO TOP PERFORMING GROCER
- Adjacent to Top Performing Publix (Top 25% Nationwide) with over 1.1M visits
- More than 2.2M SF of retail space located within a 1-mile radius of the subject site with a vacancy rate of 1.5%
- Nearby National Retail Tenants Include: Walmart Neighborhood Market, Home Depot, At Home, Publix Supermarket, Burlington, Ross Dress For Less, Ollie’s Bargain Outlet Store, and more
NEW MEDICAL OFFICE BUILD-TOSUIT
- This dual-tenant medical property features brand-new 2025 build-to-suit construction for both operators
- Heartland Dental’s suite is delivered to modern clinical standards and dental-specific infrastructure
- CareSpot’s space is purpose-built for urgent care, with designated exam rooms, diagnostic layout compatibility, and back-of-house medical support areas
ORLANDO, FL MSA
- Orlando, FL was the fastest growing large economy in Florida in 2022
- The Orlando MSA added approximately 76,000 new residents from July 2023 - July 2024
- Florida has no state income tax and in 2022 the state was ranked the fastest growing state in the US
NEARBY DISNEY PARKS AND HUNDREDS OF NEW APARTMENTS
- Surrounding the site within a 1-mile radius are more than 3,900 apartments units
- Over 500 apartments are set to deliver in the immediate area
- The site is less than 12 miles away from Disney World, which averages over 58 million annual visitors