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Single-Tenant Office

Heartland Dental | New Construction | Publix Outparcel | Ormond Beach, FL

3775 Roscommon Dr, Ormond Beach, FL 32174

Listing Price: $2,815,300

Cap Rate
5.75%
Tenant Name
Fairchild Oaks Dental Care
Years Remaining On Lease
8.7
Gross SF
4,260
Guarantor
Corporate Guarantee
Rentable SF
4,260
Price/Gross SF
$660.87
Lease Type
Double Net
Rent Per Square Feet
$38.00

Investment Overview

Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support.

Ormond Beach is a picturesque coastal city located in Volusia County, Florida. Located directly north of Daytona Beach, Ormond Beach is a principal city of the Deltona–Daytona Beach–Ormond Beach, Florida Metropolitan Statistical Area.

Investment Highlights

  • 10-Year Heartland Dental Corporate Guaranteed Lease
  • Shadow-Anchored by Publix Super Market and Shops at Halifax Plantation Village
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Highly Accessible Location Directly Off of State Highway 95 (92,500 Cars per Day)
  • Central Location in Halifax Plantation Premier Luxury Community and Adjacent to The Plantation Bay Private Community
  • Over 231,500 Residents and Over 228,600 Daytime Employees Within a Fifteen-Mile Radius - Growing Deltona–Daytona Beach–Ormond Beach MSA Trade Area
  • Direct Connections to Ormond Beach, Daytona Beach, and Downtown Deltona
  • Average Annual Population Projected to Increase 6 – 9 Percent in the Next Five Years

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Single-Tenant Office

Heartland Dental | New Construction | Publix Outparcel | Ormond Beach, FL

Listing Price: $2,815,300

Cap Rate
5.75%
Tenant Name
Fairchild Oaks Dental Care
Years Remaining On Lease
8.7
Gross SF
4,260
Guarantor
Corporate Guarantee
Rentable SF
4,260
Price/Gross SF
$660.87
Lease Type
Double Net
Rent Per Square Feet
$38.00

Investment Highlights

  • 10-Year Heartland Dental Corporate Guaranteed Lease
  • Shadow-Anchored by Publix Super Market and Shops at Halifax Plantation Village
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Highly Accessible Location Directly Off of State Highway 95 (92,500 Cars per Day)
  • Central Location in Halifax Plantation Premier Luxury Community and Adjacent to The Plantation Bay Private Community
  • Over 231,500 Residents and Over 228,600 Daytime Employees Within a Fifteen-Mile Radius - Growing Deltona–Daytona Beach–Ormond Beach MSA Trade Area
  • Direct Connections to Ormond Beach, Daytona Beach, and Downtown Deltona
  • Average Annual Population Projected to Increase 6 – 9 Percent in the Next Five Years

Investment Overview

Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support. Ormond Beach is a picturesque coastal city located in Volusia County, Florida. Located directly north of Daytona Beach, Ormond Beach is a principal city of the Deltona–Daytona Beach–Ormond Beach, Florida Metropolitan Statistical Area.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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