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Description

This Merritt Island, Florida dental NNN investment features a Class A, single-tenant medical office property secured by a brand-new 15-year absolute triple-net lease with a corporate-backed, nationally established dental support organization, delivering stable and fully passive income with zero landlord responsibilities. The ±14,138-square-foot, two-story building sits on nearly one acre and has been recently renovated to support modern dental operations, with a flexible layout that allows for potential subleasing of additional medical or office space—further enhancing tenant stability and long-term occupancy. The lease includes attractive 2.5% annual rent increases, providing predictable income growth, while the essential nature of dental services offers resilience across economic cycles. Additional features such as recently replaced HVAC systems and potential tax advantages through accelerated depreciation further strengthen the investment profile, making this asset a compelling opportunity for investors seeking durable cash flow in a high-quality Florida market.

Listing Details

  • Cap Rate

    6.15%

  • Tenancy

    Single

  • Space Type

    office

  • Sub Category

    medical

  • Date Listed

    4/2/2026

  • Ownership Info

    Fee Simple

  • Broker/Agent Co-op

    Yes

  • Investment Type

    Net Lease

  • Net Operating Income

    $230,317

  • Parking Info

    49 Spaces

Property Specifics

  • Property Name

    Dental NNN Investment in Merritt Island

  • Property Class

    A

  • No of Buildings

    1

  • No of Stories

    2

  • Year Built

    1987

  • Building Size

    14,138 SF

  • Lot Size

    0.97 Ac

  • Year Renovated

    2025

  • Occupancy

    100%