2758 Amble Way - Medical FOR SALE


Land O' Lakes, FL 34639
$4,066,000 USD
415-852-5177
2758 Amble Way, Land O' Lakes, FL for Sale
$4,066,000 USD
Medical - FOR SALE
1/7
null | 5% Cap Rate

2758 Amble Way
Land O' Lakes, FL 34639


HIGHLIGHTS

  • Tenant assumes all property expenses, including taxes, insurance, and maintenance, ensuring true passive income for investors
  • 12-year primary lease term with 10% rental increases every five years with an additional 10% increase in Years 11-12
  • Leased to Heartland Dental, the largest dental support organization in the U.S
  • New construction (2024) with cutting-edge design and energy-efficient features, ensuring a durable and sustainable facility

OVERVIEW

Situated along State Highway 54 with traffic counts reaching 69,000 vehicles per day, providing excellent visibility and easy access for patients and customers. The site benefits from direct proximity to major commercial and residential developments. The tenant is responsible for all property expenses, including taxes, insurance, and maintenance, offering investors a truly passive income stream with no ongoing costs. The 12-year initial lease includes 10% rental escalations every five years, guaranteeing an increasing income stream for investors over time. Built in 2024, the 4,328-square-foot facility is designed to accommodate high patient volumes and advanced dental services, minimizing maintenance costs for the foreseeable future. Located in an area experiencing rapid population growth, with over 117,000 residents within 5 miles, expected to surpass 123,000 by 2029, ensuring long-term demand for healthcare services. The property is in front of a senior living facility and close to Tampa Premium Outlets, a high-traffic shopping destination, further driving consistent consumer flow to the area.

FOR SALE DETAILS

PRICE

$4,066,000 USD

PRICE/SF

$939 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

MPUD

APN/PARCEL ID

28-26-19-0060-00000-0030

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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