Heartland Dental - Greenville, SC
5.25% CAP | Corporate Backed | Abs. NNN Lease
Marketing description
Atlantic Capital Partners has been exclusively engaged to offer for sale a Heartland Dental in Greenville, SC, a newly delivered 4,200 square foot Absolute NNN dental office located at 1173 Ashmore Bridge Road in Greenville, South Carolina.
The lease is backed by a full corporate guarantee from Heartland Dental, the largest dental support organization in the United States with over 1,800 supported locations and $3.2 billion in total revenue, with zero landlord responsibilities, a 12-year term commencing June 2026, and 10% rental increases at Year 6 and Year 11 and throughout all option periods.
The property is situated in Greenville, South Carolina, one of the fastest growing and most economically dynamic mid-size metros in the Southeast, home to BMW's only US manufacturing facility, Michelin's North American headquarters, and over 300 international companies from 30 countries. The surrounding trade area delivers 90,145 residents within 5 miles at consistent average household income across all rings, reflecting a stable, established suburban consumer base with broad geographic reach and durable long-term patient demand fundamentals.
Investment highlights
- ONE OF THE FASTEST-GROWING METROS IN THE SOUTHEAST - The Greenville-Spartanburg MSA has emerged as one of the Southeast's premier markets, surpassing 1.1 million residents following more than a decade of population and economic expansion.
- NECESSITY-BASED HEALTHCARE FORMAT | RECESSION-RESILIENT - Dental services are a needs-based healthcare category, and Heartland has demonstrated resilient performance across its 1,800-location network through multiple economic cycles.
- WORLD-CLASS MANUFACTURING AND CORPORATE BASE - Greenville-Spartanburg is a globally connected manufacturing hub anchored by BMW, Michelin, and more than 300 international companies representing 30 countries.
- CORPORATE GUARANTEE | LARGEST DSO IN THE US - Backed by a full corporate guarantee from Heartland Dental, the nation's largest dental support organization with 1,800+ locations, $3.2 billion in revenue, and sponsorship from KKR.
- BRAND NEW 2026 CONSTRUCTION | STRUCTURED RENT GROWTH - Brand-new 2026 construction with a fresh 12-year lease term, no deferred maintenance, and 10% rent increases in Years 6 and 11 and throughout all options.
- ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES - Absolute NNN lease with zero landlord responsibilities, providing a truly passive investment and one of the cleanest ownership structures in net lease real estate.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
