HEARTLAND DENTAL | 4850 9th Ave
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HEARTLAND DENTAL 4850 9th Ave
3,776 SF Office Building Pensacola, FL 32503 $1,001,467 ($265/SF) 6.75% Cap Rate
Investment Highlights
- HEARTLAND DENTAL – LARGEST DENTAL OPERATOR: Heartland is the country’s largest network of dental practices with over 1,700 locations & 2,800 doctors
- LONG-TERM LOCATION COMMITMENT: Heartland signed a 10 year lease at the location when purchasing the business in 2022, demonstrating a commitment.
- STRONG HISTORICAL OCCUPANCY: The property has been operating as a dental practice for well over a decade, providing a buyer a high level of comfort.
- $187 BILLION INDUSTRY: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
- TAX ADVANTAGES IN FLORIDA: Enjoy significant financial benefits by investing in this property due to the location.
- ADJACENT TO +2M SQUARE FEET OF RETAIL: The property sits a block away from the largest retail corridor in the greater Pensacola area.
Executive Summary
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,776 SF
Building Class
C
Year Built
1977
Price
$1,001,467
Price Per SF
$265
Cap Rate
6.75%
NOI
$67,599
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,322 SF
Building FAR
0.23
Lot Size
0.37 AC
Parking
6 Spaces
Amenities
- 24 Hour Access
- Signage
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PROPERTY TAXES
| Parcel Number | 48-1S-30-8305-000-001 | Improvements Assessment | $276,584 |
| Land Assessment | $115,801 | Total Assessment | $392,385 |
PROPERTY TAXES
Parcel Number
48-1S-30-8305-000-001
Land Assessment
$115,801
Improvements Assessment
$276,584
Total Assessment
$392,385
Contacts
-
Thor St John -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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HEARTLAND DENTAL | 4850 9th Ave
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