Heartland Dental | Across from Publix

Investment Highlights

ADJACENT TO PUBLIX & OUTPARCEL TO WINN DIXIE SHOPPING CENTER
• This Heartland Dental is located at the entrance to a Winn Dixie Shopping Center and is adjacent to a Publix Center.
• New Development in this retail pocket include a new construction Taco Bell, Wendys, Popeyes, Dunkin, Dollar Tree, and Take 5 Oil Change.
•  Additional surrounding retailers include Walgreens, McDonalds, Burger King, Advance Auto Parts, and more.

HIGH TRAFFIC SIGNALIZED INTERSECTION (59,600 VPD)
• The subject property is positioned at the signalized intersection of Highway 27 (48,500 VPD) and Benning Road (11,100 VPD).
• There are 16,765 households within a 5-mile radius of this dental office. 

HIGH GROWTH ORLANDO SUBURB | 5 Mile Population Growth: 18.69%
• The subject property is in the city of Leesburg, which a part of the Orlando MSA (2.67 Million Metro Population).
• The 5 mile population growth for this property is 18.69%.
• Orlando is the Fourth Largest City in Florida and the state’s largest inland city with a population of 2.67 Million.
• The Orlando region ranked first in the nation for job growth for four consecutive years.
• Walt Disney World attracts over 58 million visitors annually that have a $75.2 billion annual economic impact - along with 463,000 jobs and $5.8 billion in additional state tax revenue.

FLORIDA IS A TAX FREE STATE
• Florida is one of seven tax free states in the country.
• Florida is one of the fastest growing states in the country and is adding over 211,000 residents each year.

HEARTLAND DENTAL | 1,800+ LOCATIONS
• Heartland Dental is the largest dental support organization in the U.S. with more than 1,800+ offices in 39 states and over 2,800 doctors.
• In 2023, Heartland Dental opened 94 practices with plans to open over 1,130 additional locations in the future.
• Heartland Dental is majority owned by KKR, the largest global investment company in the world with over $496M under management.

10 YEAR CORPORATE LEASE WITH 10% RENT INCREASES
• The subject property has over 7 years remaining on a 10-year NN corporate guaranteed lease with 10% rent increases every 5 years in the initial term and in each of the four, 5-year option periods.
• The landlord has limited responsibilities which only include Roof Replacement and Structure.
• The Tenant is responsible for roof repair & maintenance, common area expenses, HVAC, taxes, insurance, and utilities.