Heartland Dental property in Cape Coral sells for $3.1M | GB Daily

Marcus & Millichap announced the $3.1 million sale of a 3,918-square-foot Heartland Dental office at 1621 Cape Coral Parkway W. to Texas-based Two Asma and Iqbal LLC. The medical office, built in 2005 and renovated in 2021, is leased under a new 10-year absolute triple-net agreement. Don McMinn, senior managing director of investments, and Andrew Koriwchak of Marcus & Millichap represented the Florida-based seller, WMG Real Estate 3 LLC, with Ryan Nee serving as broker of record. McMinn noted that medical office remains one of the most resilient segments of the net-lease market, with rate cuts boosting investor confidence and transaction volume. The 1.12-acre property sits across from a Publix-anchored shopping center and near the $100 million Bimini Square mixed-use project.