Property History
For sale to qualified investors is a triple-net lease with Heartland Dental, the nation’s largest and most established dental chain with over 1,800 locations nationally. This recession and internet resistant asset is located in Hoover, Alabama, a top tier suburb of Birmingham, and is situated directly in front of a regional shopping center anchored by Walmart and Academy Sports. Backed by a long-term, triple net lease with over 6 years plus options remaining on the base term, this property offers passive, stable income with minimal landlord responsibilities, making it an ideal addition to any investor’s portfolio. The lease features a 10% rental increase that takes place in January of 2027, making the year 2 cap rate 6.87% and above market for this type of asset. The property is located in a strong retail corridor with excellent visibility and high traffic counts and this site benefits from both a reliable tenant and a strategic A+ signalized corner location. With healthcare remaining the most resilient commercial real estate sector, this is a rare opportunity to acquire a low-risk asset with consistent returns and built-in rental escalations.
Corporate Lease with Heartland Dental | 1,800+ Locations Nationally
Largest Dental Chain in the United State with Estimated Annual Sales of $5 Billion
Prime A+ Location at Entrance to Walmart and Academy Sports Anchored Shopping Center
Rare Near-Term Rental Increase – Rent Increases 10% During Year 2 After Sale
Dominant Location – Situated in the Central Retail Area of High-Income Hoover, Alabama
Located in Thriving Retail Corridor Surrounded by Businesses, Daytime Workers, and Households
Ideal 1031 Investment with Quality Corporate Tenant and Prime Signalized Corner Location
Loan History
Financial History
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