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Description

This Tallahassee, Florida dental office investment offers a brand-new, freestanding medical asset secured by a 12-year absolute NNN lease with a corporate guaranty, delivering stable, long-term income with zero landlord responsibilities. Completed in 2025, the property features modern construction that minimizes near-term capital needs and is leased to a tenant operating within a full-service dental management platform, supporting consistent demand and operational stability. The lease includes 10% rent increases every five years along with multiple renewal options, ensuring reliable income growth. Strategically positioned within a grocery-anchored retail environment on a signalized corner with exposure to approximately 18,400 vehicles per day, the site benefits from strong visibility and accessibility. Located in Florida’s capital and a key hub for government, education, healthcare, and commerce, the surrounding area continues to experience steady population growth and rising incomes, with nearly 38,000 residents within five miles and average household incomes exceeding $151,000 within three miles. Surrounded by new residential development and established lifestyle amenities, this asset combines prime location, corporate-backed tenancy, and durable cash flow in a growing market.

Listing Details

  • Cap Rate

    5%

  • Tenancy

    Single

  • Space Type

    office

  • Sub Category

    medical

  • Date Listed

    4/2/2026

  • Investment Type

    Net Lease

  • Net Operating Income

    $216,214

Property Specifics

  • Property Name

    Tallahassee Dental Office Investment

  • No of Buildings

    1

  • No of Stories

    1

  • Year Built

    2025

  • Building Size

    4,080 SF

  • Lot Size

    0.81 Ac

  • Occupancy

    100%