CORPORATE GUARANTEE FROM CREDIT TENANT
- Heartland Dental is the largest dental support organization in the United States
- Over 1,800 Locations
- 2024 Total Revenue was $4.2B
STRATEGIC CONNECTIVITY
- This brand new construction is less than 3 miles from I -95
- Quick access to Palm BayMelbourne-Titusville regional market
- 242 feet of frontage and excellent visibility
PUBLIX OUTPARCEL & NEW DEVELOPMENT
- Immediate trade area features multiple master planned residential communities under construction
- Cypress Bay Preserve, Emerald Lakes and Edgewood at Everland’s
- Across the street from Courtyard at Waterstone
- Outparcel to Publix Shopping Center
LOCATED IN FAST GROWING & HIGHLY AFFLUENT PALM BAY
- AHHI exceeds $180K in a 1-mile radius
- Within the rapidly growing Palm Bay–Melbourne–Titusville MSA (600,000+ residents)
- Palm Bay is the largest city in Brevard County (127,000+ residents) and benefits from strong aerospace, defense, and tech employment clusters led by Lockheed Martin, L3Harris, and Northrop Grumman
- Potential customers with an AHHI greater than $160,000
STRONG LEASE FUNDAMENTALS
- Abs. NNN Heartland Dental concepts
- Zero landlord Responsibilities
- 12 Years lease with four (4) five (5) year extensions
- 10% Rental Increases every 5 years and in option periods
BREVARD COUNTY ECONOMIC DRIVERS
- Anchored by aerospace, defense, and high-tech employers
- L3Harris (8,000+ employees), Northrop Grumman (6,500+ employees), and Lockheed Martin contribute to consumer spending