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Heartland Dental 1200 E Irlo Bronson Memorial Hwy

3,833 SF Retail Building Saint Cloud, FL 34771 $4,144,682 CAD ($1,081 CAD/SF) 5.85% Cap Rate

Retail Buildings Florida Saint Cloud 1200 E Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771

Investment Highlights

  • Corporate net lease featuring 10% rental increases every 5 years
  • Premier retail fundamentals – hard corner signalized intersection with 45,000+ vehicles per day in a dense, high income area
  • Large 1.14 acre lot
  • Lease signed by tenant’s corporate entity – Heartland Dental, LLC
  • Tenant pays all common area maintenance directly
  • 201,894 residents within a 10-mile radius of the subject property

Executive Summary

A corporate Heartland Dental lease featuring 10% rental increases every 5 years and four, 5-year extension options with the same increases. The subject property benefits from the sprawling residential population of St. Cloud due to recent developments such Hanover Lakes by Landsea Homes, a 409-home development strategically located for its proximity to Walt Disney World, Universal Studios, and SeaWorld.

Attachments

HeartlandDental_StCloudFL

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,833 SF
Building Class
B
Year Built/Renovated
2005/2023
Price
$4,144,682 CAD
Price Per SF
$1,081 CAD
Cap Rate
5.85%
NOI
$242,464 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
1.14 AC
Zoning
SI3
Parking
21 Spaces (5.2 Spaces per 1,000 SF Leased)
Frontage
29 ft on East Irlo Bronson Memoria
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1200 E Irlo Bronson Memorial Hwy, Saint Cloud, FL - aerial map view

PROPERTY TAXES

Parcel Number 07-26-31-0605-0001-0015 Improvements Assessment $255,675 CAD
Land Assessment $948,094 CAD Total Assessment $1,203,770 CAD

PROPERTY TAXES

Parcel Number
07-26-31-0605-0001-0015
Land Assessment
$948,094 CAD
Improvements Assessment
$255,675 CAD
Total Assessment
$1,203,770 CAD
(650) 678-7200

  • Listing ID: 33220648

  • Date on Market: 2024-09-18

  • Last Updated:

  • Address: 1200 E Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771

The Retail Property at 1200 E Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771 is currently available For Sale. Contact CP Partners CRE for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Heartland Dental | 1200 E Irlo Bronson Memorial Hwy
(650) 678-7200 x

Heartland Dental | 1200 E Irlo Bronson Memorial Hwy

1/2

John Andreini

(650) 678-7200

(650) 678-7200

Kirby Dederian

(415) 274-2700

(415) 274-2700

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