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
- 2023 Total Revenue was $3B
STRONG TRAFFIC AND ACCESSIBILITY
- Located on the soft corner of a high trafficked intersection of US Hwy 27 (74k VPD) and Park Place Blvd and Holly Hill Fruit Rd
- Multiple points of ingress and egress with dedicated left Turn lane north bound on US Hwy 27
ADJACENT TO REGIONAL HOSPITAL
- Positioned next door to AdventHealth Heart of Florida
- The Heart of Florida Location has over 200 beds
- Across the AdventHealth Central Florida division, over 3.4 Million patients are served annually
NEW 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
- Warranties in Place
HIGH GROWTH FLORIDA MARKET
- Between 2018 and May 2023, Davenport, FL has experienced a 163% growth from 5,328 to more than 14K people
- Over 200 apartment units have delivered in the past year with another 360 under construction