4631 NW Blitchton Rd - Freestanding FOR SALE


Ocala, FL 34482
$3,108,000 USD
813-434-8278
4631 NW Blitchton Rd, Ocala, FL for Sale
$3,108,000 USD
Freestanding - FOR SALE
1/8
null | 5% Cap Rate

4631 NW Blitchton Rd
Ocala, FL 34482


HIGHLIGHTS

  • New 10-Year Lease | Scheduled Rental Increases | Corporate Signed Lease | Well-Known & Established Brand
  • Absolute NNN | Fee Simple Ownership | No State Income Tax | Zero Landlord Responsibilities
  • Shops at Foxwood Outparcel | Off Interstate 75 | Surrounding Retail | New UF Health Neighborhood Hospital | Nearby Fulfillment Centers
  • Ideal Demographics in Local Trade Area | Marion County | Ocala, FL - 6th Fastest-Growing City in US | World Equestrian Center

OVERVIEW

• The tenant recently signed a brand new 10-year lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation • The lease is signed by the corporate entity • Founded in 1997, Heartland Dental is the nation’s largest dental support organization with over 1,800 offices and 3,000 doctors

FOR SALE DETAILS

PRICE

$3,108,000 USD

PRICE/SF

$730 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental - Ocala FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

Commercial

APN/PARCEL ID

21514-003-00

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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