A dental practice in Cape Coral, Fla., that is leased to Heartland Dental, was sold for $3.1 million, according to an Oct. 6 report from Business Observer.
The 3,918-square-foot practice operates as Chiquita Dental Care and is supported by Effingham, Ill.-based Heartland Dental.
The office was built in 2005 and renovated in 2021. The seller, WMG Development, bought the practice in 2021 for $1.53 million.
Chiquita Dental Care has a 10-year absolute triple-net lease, the report said.
Heartland Dental is the largest DSO in the U.S., supporting more than 1,800 dental practices across 39 states and Washington, D.C.
