Property summary
This exceptional investment opportunity presents a fee-simple interest in a 3,533 square foot medical office building, fully occupied by Heartland Dental under a corporate-guaranteed net lease. Located at 8961 Okeechobee Blvd, West Palm Beach, FL 33411, this property boasts a strong 5.34% cap rate and a substantial NOI of $170,928. The lease, commencing October 1, 2021, and expiring October 1, 2031, has approximately 6.9 years remaining, with built-in 10% rental increases every five years… throughout the initial term and at the beginning of each of the three 5-year lease options. The building, constructed in 2000 and renovated in 2023, sits on a 1.01-acre lot with 27 parking spaces. Situated in a prime location at a signalized, hard corner intersection, the property benefits from excellent visibility and access, being an outparcel of the Shoppes at Andros Isle. The property's permitted commercial zoning, strong demographics within a 5-mile radius, and affluent 1-mile radius further enhance its investment appeal. The property features a 100% occupancy rate and offers limited landlord responsibilities. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location with significant upside potential. The property's APN is 74-42-43-20-08-002-0000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,533 SF
- Lot area
- 1.01 ac
- Year built
- 2000
- Stories
- 1
- APN
- 74-42-43-20-08-002-0000
- Zoning
- RPD
- Assessed value · 2023
- $2,161,897
- Annual tax · 2023
- $45,838
- Medical Building
- Auto Repair, Garage
- Financial Building · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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