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Single-Tenant Office Medical

Heartland Dental - Fort Myers, FL

16159 Myriad Ln, Fort Myers, FL 33908

Listing Price: $2,794,354

Cap Rate
6.20%
Tenant Name
Heartland Dental
Years Remaining On Lease
5.4
Gross SF
4,200
Guarantor
Corporate Guarantee
Rentable SF
4,200
Price/Gross SF
$665.32
Lease Type
Double Net
Rent Per Square Feet
$41.25

Investment Overview

Marcus & Millichap is pleased to present for sale this Heartland Dental Property
located at 16159 Myriad Lane in Fort Myers, Florida. Fort Myers is a city in
and the county seat of Lee County, Florida with a population over 95,949.
Fort Myers anchors The Cape Coral- Fort Myers Metropolitan Statistical Area
(Population 834,573) together with Cape Coral, Fort Myers Beach, Sanibel and
Bonita Springs. Fort Myers is a gateway to the Southwest Florida Region and a
major tourist destination in Florida.
Numerous apartment complexes surround this Heartland Dental Property
including Terrace III at Heritage Point, Sanibel Straits Apartments, San Carlos
Apartments, Lago Del Sol Apartments, Channelside Apartments, Bent Palms
and Palms of Monterrey.
Many brand new home developments are also flourishing nearby including Tide
Marsh by Neal Communities (60 Homesites), KB Home Coves of Estero Bay
(120 Homesites), Baettie Development, Cape Coral by Maronda Homes, Alair
Homes Sanibel, Mattamy Homes Bonavie Cove and The Reserve at Estero (485
Single Family Homes already sold).
Colleges and universities nearby include Kairos University, Florida Southwestern
State College (16,672 Enrolled Students), Florida Gulf Coast University (14,673
Enrolled Students) and Braxton College.
Shopping centers nearby this Heartland Dental include Wayne Plaza, Gladiolus
Gateway, McGregor Point Shopping Center, Design Center, Bridge plaza, Big
John’s Plaza, College Plaza Shopping Center, and University Crossing.
Heartland Dental was founded in 1997 by Dr. Rick Workman who wanted
to introduce dentists across the U.S. to the highest quality of non-clinical
administrative support. Heartland Dental’s support network encompasses 39
states and over 2,800 doctors in more than 1, 700 offices. Heartland Dental
facilities boast 10 to 12 operatories conveniently located near essential
community amenities like supermarkets, banks and other healthcare providers.

Investment Highlights

  • Heartland Dental Property Located at 16159 Myriad Lane in Fort Myers, Florida (Population 95,949) Part of The Cape Coral-Ft. Myers Metropolitan Statistical Area (Population 834,573) and Gateway to the
  • 10 Year Heartland Dental Corporate Guaranteed Lease | 5+ Years Remaining on Base Term
  • Newer 2020 Upgraded Construction | Strong Intrinsic Value | Located Directly in front of Sanibel Straits, a new construction Class A Apartment Complex
  • Brand New Home Developments Nearby Include Tide Marsh by Neal Communities (60 Homesites), KB Home Coves of Estero Bay (120 Homesites), The Reserve at Estero (485 Single Family Homes Already Built), Cape Coral by Maronda Homes, and Mattamy Homes Bonavie Cove
  • Heartland Dental was Founded in 1997 by Dr. Rick Workman and Today has Networks in 39 States and Over 2,800 Doctors in 1,700 Offices
  • Florida is a No Income Tax State

Exclusively Listed By

Single-Tenant Office Medical

Heartland Dental - Fort Myers, FL

Listing Price: $2,794,354

Cap Rate
6.20%
Tenant Name
Heartland Dental
Years Remaining On Lease
5.4
Gross SF
4,200
Guarantor
Corporate Guarantee
Rentable SF
4,200
Price/Gross SF
$665.32
Lease Type
Double Net
Rent Per Square Feet
$41.25

Investment Highlights

  • Heartland Dental Property Located at 16159 Myriad Lane in Fort Myers, Florida (Population 95,949) Part of The Cape Coral-Ft. Myers Metropolitan Statistical Area (Population 834,573) and Gateway to the
  • 10 Year Heartland Dental Corporate Guaranteed Lease | 5+ Years Remaining on Base Term
  • Newer 2020 Upgraded Construction | Strong Intrinsic Value | Located Directly in front of Sanibel Straits, a new construction Class A Apartment Complex
  • Brand New Home Developments Nearby Include Tide Marsh by Neal Communities (60 Homesites), KB Home Coves of Estero Bay (120 Homesites), The Reserve at Estero (485 Single Family Homes Already Built), Cape Coral by Maronda Homes, and Mattamy Homes Bonavie Cove
  • Heartland Dental was Founded in 1997 by Dr. Rick Workman and Today has Networks in 39 States and Over 2,800 Doctors in 1,700 Offices
  • Florida is a No Income Tax State

Investment Overview

Marcus & Millichap is pleased to present for sale this Heartland Dental Property located at 16159 Myriad Lane in Fort Myers, Florida. Fort Myers is a city in and the county seat of Lee County, Florida with a population over 95,949. Fort Myers anchors The Cape Coral- Fort Myers Metropolitan Statistical Area (Population 834,573) together with Cape Coral, Fort Myers Beach, Sanibel and Bonita Springs. Fort Myers is a gateway to the Southwest Florida Region and a major tourist destination in Florida. Numerous apartment complexes surround this Heartland Dental Property including Terrace III at Heritage Point, Sanibel Straits Apartments, San Carlos Apartments, Lago Del Sol Apartments, Channelside Apartments, Bent Palms and Palms of Monterrey. Many brand new home developments are also flourishing nearby including Tide Marsh by Neal Communities (60 Homesites), KB Home Coves of Estero Bay (120 Homesites), Baettie Development, Cape Coral by Maronda Homes, Alair Homes Sanibel, Mattamy Homes Bonavie Cove and The Reserve at Estero (485 Single Family Homes already sold). Colleges and universities nearby include Kairos University, Florida Southwestern State College (16,672 Enrolled Students), Florida Gulf Coast University (14,673 Enrolled Students) and Braxton College. Shopping centers nearby this Heartland Dental include Wayne Plaza, Gladiolus Gateway, McGregor Point Shopping Center, Design Center, Bridge plaza, Big John’s Plaza, College Plaza Shopping Center, and University Crossing. Heartland Dental was founded in 1997 by Dr. Rick Workman who wanted to introduce dentists across the U.S. to the highest quality of non-clinical administrative support. Heartland Dental’s support network encompasses 39 states and over 2,800 doctors in more than 1, 700 offices. Heartland Dental facilities boast 10 to 12 operatories conveniently located near essential community amenities like supermarkets, banks and other healthcare providers.

Exclusively Listed By

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