1200 Irlo Bronson Memorial Hwy Saint Cloud, FL 34771-5829
For Sale
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This exceptional investment opportunity presents a freestanding, 3,833 square foot medical retail building in St. Cloud, Florida, currently leased to Heartland Dental, LLC. The property boasts a strong 5.85% cap rate and a substantial net operating income (NOI) of $171,054. The 10-year lease, signed by the corporate entity, includes 10% rent bumps every five years and four, five-year renewal options with identical increases, ensuring long-term, predictable cash flow. Situated on a 1.14-acre lot with 26 parking spaces, the building underwent renovations in 2023. The property benefits from a prime location on a hard-corner, signalized intersection with high daily traffic volume (45,000+ vehicles). The surrounding area features a dense, high-income population exceeding 201,894 residents within a 10-mile radius, further enhanced by nearby residential developments like Hanover Lakes, a 409-home community with convenient access to major theme parks. The tenant's robust financial performance (Heartland Dental's 2022 revenue totaled $1.2 billion) underscores the investment's stability. The property's tenant pays all common area maintenance, minimizing operational responsibilities. Nearby national retailers such as ALDI, Publix, McDonald's, and Starbucks further contribute to the area's strong retail environment. This is a rare opportunity to acquire a high-performing, corporate net lease property with significant long-term growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SI3 · Saint Cloud, FLSaint Cloud. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.