Atlantic Capital Partners has been exclusively engaged to offer for sale Heartland Dental, a 5,067-square-foot net leased medical asset located at 5242 Little Road in New Port Richey, Florida. The property is leased to Heartland Dental, LLC, the nation’s largest dental support organization, under a corporate-guaranteed NN lease with approximately 6.2 years of remaining primary term. The lease features attractive 10% rental increases every five years throughout the primary term and renewal options,
providing investors with contractual income growth and long-term cash flow visibility.
Constructed in 1999 as a purpose-built dental facility, the property occupies a highly visible position along Little Road, one of Pasco County’s primary commercial corridors
carrying approximately 40,000 vehicles per day. The asset benefits from strong surrounding retail fundamentals, including nearby Publix, Starbucks, McDonald’s, Circle K, Truist, and numerous national retailers that drive consistent consumer traffic to the corridor.
Located approximately 35 miles northwest of Tampa, New Port Richey is among the fastest-growing communities within the Tampa Bay MSA and serves as a major residential and service hub for Pasco County. Supported by sustained population growth, continued residential development, and increasing in-migration from higher-cost coastal markets, Heartland Dental offers investors the opportunity to acquire a well-located healthcare asset leased to an industry-leading operator in one of Florida’s strongest
suburban growth markets.