9749 Commercial Way - Medical FOR SALE


Weeki Wachee, FL 34613
$2,569,000 USD
650-678-7200
9749 Commercial Way, Weeki Wachee, FL for Sale
$2,569,000 USD
Medical - FOR SALE
1/3
null | 5.15% Cap Rate

9749 Commercial Way
Weeki Wachee, FL 34613


HIGHLIGHTS

  • Brand-new 10-year absolute NNN lease featuring 10% rental increases every 5 years
  • Lease signed by tenant’s corporate entity – Heartland Dental, LLC
  • Adjacent to Publix-anchored shopping center
  • Zero landlord maintenance or expense obligations
  • Large 1.10 acre lot
  • Heartland Dental’s 2024 revenue, reported to be in excess of $3B, makes it the largest dental support organization in the U.S.

OVERVIEW

A corporate Heartland Dental on a brand-new 10-year absolute NNN lease featuring 10% rental increases every 5 years and four, 5-year extension options. The subject property is adjacent to the Shoppes at Glen Lakes – a 70,000+ SF Publix-anchored shopping center with major national tenants including Anytime Fitness, Walgreens, and Dunkin’.

FOR SALE DETAILS

PRICE

$2,569,000 USD

PRICE/SF

$725 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

-

APN/PARCEL ID

R13-222-17-3481-0000-0020

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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