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15159 Myriad Ln - Heartland Dental

4,200 SF Health Care Building Offered at £2,233,583 at a 6.20% Net Initial Yield in Fort Myers, FL 33908

Investment Highlights

  • 10 Year Heartland Dental Corporate Guaranteed Lease | 5+ Years Remaining on Base Term
  • Heartland Dental Property Located at 16159 Myriad Lane in Fort Myers, Florida (Population 95,949)
  • Shopping Centers Nearby Include Wayne Plaza, Gladiolus Gateway, McGregor Point Shopping Center, Bridge Plaza, Big John’s Plaza and University Crossing
  • Newer 2020 Upgraded Construction | Strong Intrinsic Value | Located Directly in front of Sanibel Straits, a new construction Class A Apartment Complex
  • Part of The Cape Coral-Ft. Myers Metropolitan Statistical Area (Population 834,573)
  • 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

Executive Summary

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.

Property Facts

Price £2,233,583
Price Per Bed £446,717
Sale Type Investment
Net Initial Yield 6.20%
Property Type Health Care
Lot Size 0.30 AC
Building Size 4,200 SF
No. Beds 5
Number of Floors 1
Year Built 2020
  • Listing ID: 32641372

  • Date on Market: 31/07/2024

  • Last Updated:

  • Address: 15159 Myriad Ln, Fort Myers, FL 33908

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