901 Workman Way - Medical FOR SALE


Davenport, FL 33837- North Polk
$4,118,000 USD
415-852-5177
901 Workman Way, Davenport, FL for Sale
$4,118,000 USD
Medical - FOR SALE
1/11
null | 5.1% Cap Rate

901 Workman Way
Davenport, FL 33837
North Polk


HIGHLIGHTS

  • Rare 12-year absolute NNN lease to Heartland Dental, the largest dental support organization in the U.S. with more than 1,900 supported dental offices
  • 12-year primary lease term with 10% rental increases every five years and an additional 10% increase in Year 11
  • Heartland Dental is majority owned by KKR, the largest global investment company in the world with over $504B under management
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
  • Heartland Dental added 165 new practices to its network in 2025
  • Heartland’s supported network delivered $4.2 billion in total annual revenue, underscoring its scale and influence in the U.S. dental industry

OVERVIEW

This dental practice is ideally positioned at a highly visible and accessible location near the signalized intersection of U.S. Route 27 and Holly Hill Fruit Road, which sees a combined traffic count of over 72,000 vehicles per day. The property is supported by a strong tenant, with Heartland’s network generating more than $4.2 billion in annual revenue, highlighting its scale within the U.S. dental industry. The surrounding area has experienced significant growth, with 80,724 residents within a five-mile radius, representing a 153% increase since 2010. The site is located directly across from AdventHealth Heart of Florida, a major local employer with approximately 1,000 employees, and benefits from frontage along U.S. Route 27, a primary north-south corridor capturing both local and commuter traffic, as well as visitors to nearby Disney World. Continued population and income growth within the immediate trade area further position the property and Davenport market for long-term stability and expansion.

FOR SALE DETAILS

PRICE

$4,118,000 USD

PRICE/SF

$948 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

27-26-32-711010-000040

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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

Michael YurasCushman & WakefieldMore Info
415-852-5177

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