By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.
INVESTMENT HIGHLIGHTS
ABSOLUTE NNN LEASE STRUCTURE The Subject Property is subject to a rare Absolute NNN lease structure where the Tenant is fully responsible for all expenses. This provides potential investors with a truly passive asset that requires zero landlord responsibilities.
CORPORATE GUARANTY The lease is guaranteed by Heartland Dental, the nation's largest Dental Support Organization with over 1,700 dental offices across 38 states. Heartland Dental celebrated record growth with 100 new supported practices in 2023 and another 90 in 2024.
RENTAL ESCALATIONS The Subject Property is subject to a lease that provides attractive 1.5% annual rental escalations. This provides potential investors with a hedge against inflation for the remainder of the lease term & the one (1), ten (10) renewal option.
STRONG DEMOGRAPHICS The Subject Property benefits greatly from the strong demographics in the surrounding market. Within a 5 mile radius of the Subject Property there is a population of 117,258 boasting an average household income of $94,316.
PRIME RENEWAL OPTION The lease provides the tenant with one(1), ten(10) year option period which is advantageous to potential investors. Rather than keeping investors in a continual 5-year lease term cycle, this lease structure provides a prime exit-strategy for potential investors.
DENTAL MARKET GROWTH According to Precedence Research, the North American dental market is set to grow by 12% in 2025. This growth is being fueled by the rising prevalence of oral illness, increasing demand for cosmetic treatments and clear aligners, and complex procedures like dental implants.
PROVEN LOCATION The tenant has operated at the Subject Property since 2012 proving commitment to the space and market. Previously, the operator was My Dentist which transitioned to Heartland Dental after Heartland Dental acquired My Dentist.
Exclusively Listed by the Northmarq National Healthcare Group
.png)
.png)
.png)
.png)
