Listed by Cushman & Wakefield - Sacramento, California
$3,834,000
New 12-Yr. Abs NNN Heartland Dental | Dallas-Fort Worth MSA
Details
Property Type Office, Retail
Sub Type Traditional Office, Day Care/Nursery
Square Footage 4,200
Cap Rate 5.15%
NOI $197,400
Tenancy Single
Brand/Tenant Fresenius Kidney Care, Aspen Dental
Lease Type Absolute NNN
Lease Term 12.1
Lease Expiration 06/29/2037
Remaining Term 12.1
Rent Bumps Yes
Broker Co-Op Yes
Year Built 2025
Acreage 1.000
Investment Type Net Lease
Lease Commencement 06/10/2025
Rent Commencement 06/10/2025
Ground Lease No
New 12-year Abs NNN Lease | Directly Across from Walmart
Marketing description
12-year primary lease term with 10% rental increases every five years and an additional 10% increase in Year 11, with the next increase in the start of the option period (Year 13).
Tenant is responsible for all property expenses, including taxes, insurance, and maintenance, ensuring a completely passive investment.
Heartland Dental supports over 1,800 practices nationwide, backed by a strong financial foundation and proven operational success.
Strategically located opposite the main entrance of a Walmart Supercenter, driving high visibility and foot traffic.
Situated just off Hwy 78 with over 33,000 vehicles per day, enhancing accessibility and exposure.
Surrounded by national retailers including Kroger, Home Depot, and Target, creating a robust retail ecosystem.
Less than one mile from Wylie High School (2,500 students), Raymond B. Cooper Junior High (1,000 students), and Dr. Al Draper Intermediate (1,460 students), boosting local demand.
Investment highlights
- Prime Retail Location: Situated on Woodbridge Pkwy in Sachse, TX, directly across from a Walmart Supercenter, the property enjoys prime visibility along a corridor with 33,940 vehicles per day on Hwy 78 (0.36 miles away). Its proximity to Kroger, Home Depot, and Target ensures a steady flow of consumers. This high-traffic location maximizes Heartland Dental’s customer reach and investor appeal.
- Absolute NNN Lease Structure: The 12-year absolute NNN lease shifts all property-related expenses—taxes, insurance, maintenance, roof, structure, and parking lot—to Heartland Dental, LLC. With a starting NOI of $197,400 and a 5% cap rate, the$3,948,000 purchase price offers a hands-off investment. Rental increases of 10%every five years provide built-in inflation protection through 2037 and beyond with options.
- Robust Tenant Profile: Heartland Dental, the tenant, operates over 1,800 supported dental practices across 38 states, backed by a corporate entity known for stability and growth. The lease, commencing May 16, 2025, secures a reliable income stream from a leader in the dental industry. This corporate guarantee enhances the property’s low-risk profile for investors.
- Growing Demographic Base: The property serves a five-mile population of 199,480, expected to reach 208,422 by 2029, with a median household income of $121,745 rising to $141,747. Within one mile, the population of 9,498 boasts an average household income of $164,196, projected to climb to $190,805 by 2029. This affluent and expanding market supports sustained demand for dental services.
- Modern Facility Design: Constructed in 2025, the 4,200 SF building features Heartland Dental’s cutting-edge layout, optimized for patient flow and operational efficiency. The new construction minimizes near-term capital expenditures for the landlord, enhancing ROI. Its placement in a developing commercial hub ensures long-term relevance.
- Strategic Development Zone: The site is surrounded by new and forthcoming residential, commercial, and mixed-use projects, amplifying its growth potential. Less than 1 mile from three schools with a combined enrollment of 4,960 students, it taps into a family-oriented customer base. Proximity to Hwy 78 and major retailers solidifies its position in a bustling retail node.
Listing Contacts
Listed by Cushman & Wakefield - Sacramento, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$197,400.00
$16,450.00/mo
Valuation Metrics
0
DSCR
5.15%
Cap Rate
5.15%
ROI
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Zoning
PD-19 PlannedPlanned Development
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View all 5 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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