Heartland Dental | 5 Yrs | 7.50% Cap
2,583 SF Health Care Building Offered at $671,580 at a 7.50% Cap Rate in Ocala, FL 34481
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $671,580
- Property Type
-
Health Care
- Square Feet
- 2,583 SF
Listing Contacts
Thor St John
Verified Profile
Michael Moreno
Verified Profile
Rahul Chhajed
Verified Profile
- Property Info
Property Overview
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Details
- Class
- C
- Year Built
- 2000
- Stories
- 1
- Lot Size (sq. ft)
- 66,211 SF
- Units
- 1
Highlights
- Heartland is the country’s largest network of dental practices with over 1,700 locations, 2,800 doctors, and 20,000 employees
- $156 Billion Industry: Dentistry is one of the largest industries in healthcare and grows by an average of 2.4% annually
- Lease was just renewed and has five years remaining with 2.0% annual rent increases, giving a landlord a relatively passive investment
- Florida is a state with no income tax
- Property has been operating as a dental practice since built in 2004, providing buyer with high level of comfort with the success of the current use
- Property sits just off SW Hwy 200 which is home to national tenants including a Walmart, Publix, ALDI, and dozens of others
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