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Dental NNN Investment in Merritt Island

Merritt Island, FL
Available Now
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FOR SALEOffice / Medical
Cap Rate
6.15%
NOI
$230,317
Building Size
14,138SF
Parking Info
49 Spaces
Lot Size
0.97Ac
Year Built
1987
Listing Contacts
Vice President

More property details

Year Renovated
2025
Occupancy
100%
Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
Broker Co-op
Yes
Property Class
A
No of Buildings
1
No of Stories
2
Ownership
Fee Simple

Location

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Dental NNN Investment in Merritt Island
About the location

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.

Dental NNN Investment in Merritt Island
14,138 SF · office · United States · FL