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34368717
34420311

2271 FM 663, Midlothian, TX 76065

JL
GA 329650
TSCG The Shopping Center Group Atlanta
AB
GA 373002
TSCG The Shopping Center Group Atlanta
Listed by TSCG The Shopping Center Group Atlanta
$3,909,000
0 days on market
Updated 0 days ago

Heartland Dental | Midlothian (DFW), TX

Details
Property Type Retail, Office
Sub Type Storefront, Medical Office (+1)
Square Footage 4,256
Units 1
Cap Rate 5.35%
NOI $209,151
Occupancy 100%
Tenancy Single
Brand/Tenant Heartland Dental
Lease Type Absolute NNN
Lease Term 12
Lease Expiration 09/30/2036
Remaining Term 10.2
Rent Bumps Yes
Lease Options Four, 5-Year Options
Year Built 2024
Buildings 1
Acreage 2.060
Parking Spaces 41 spaces
Parking per 1,000 SqFt 9.63
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/27/2024
Ground Lease No

Absolute NNN | 5.35% Cap | $153,000+ AHHI | Dallas-Fort Worth MSA

Marketing description

TSCG is pleased to offer a rare opportunity to own a brand-new Heartland Dental in Midlothian, Texas, one of the fastest-growing communities in the Dallas-Fort Worth metro. Built in 2024, the property is backed by a 12-year absolute NNN lease with over a decade of term remaining, 10% rent increases every five years, and a corporate guaranty from Heartland Dental, the nation's largest dental support organization with more than 1,900 locations. The building sits on an oversized two-acre parcel along FM 663, Midlothian's main retail corridor, directly across from the Kroger-anchored Midlothian Towne Crossing. With thousands of new homes planned nearby and average household incomes topping $153,000, this is a true set-it-and-forget-it investment positioned squarely in the path of growth.

Investment highlights

12-YEAR ABS NNN LEASE ON 2+ ACRE PARCEL

  • 12-year absolute NNN lease with 10% rent bumps every 5 years during the initial term and four, 5-year options | 10+ years of term remaining
  • Heartland Dental, LLC is the nation’s largest dental support organization, backing this location with corporate guaranty with over 1,900 locations
  • Oversized 2.06-acre parcel with cross access to signalized intersection
  • Highly visible with solid traffic counts in a dense retail area
  • Additional area traffic drivers include proximity to the 2,100+ student Midlothian High School, Midlothian Sports Complex, the future Texas Health Neighborhood Care & Wellness and Navarro College

PREMIER ACCESS & VISIBILITY ALONG FM 663

  • FM 663 (30,121 VPD): Direct frontage and access along this primary north-south retail corridor in Midlothian
  • FM 663 & US Highway 287 Intersection: Site is positioned near one of the most heavily trafficked retail nodes in Midlothian
  • US Highway 287 (58,006 VPD): Provides direct connectivity to I-35E and US 67, linking the site to both Fort Worth (~30 minutes) and Downtown Dallas (~25–30 minutes)
  • DFW International Airport: ~34 miles away, known as the 4th busiest airport in the world

MAJOR RETAIL SYNERGY & TRAFFIC DRIVERS

  • A 30-minute commute radius from this location captures over
  • 1 million workers across Dallas, Fort Worth, Arlington, Grand Prairie, Mansfield, and Waxahachie, giving the trade area a broad labor and consumer draw well beyond Midlothian’s own population
  • Situated directly across from Midlothian Towne Crossing (5.4M visits): a 53-acre shopping center anchored by a 123,000 SF Kroger Marketplace, Ross, Petco, Ulta, Bealls and Cavender’s Boot City
  • Methodist Midlothian Medical Center (46 beds), a five-story community hospital offering emergency care, surgery, labor and delivery, and imaging services, is located along US 287 near the site, driving consistent daytime and after-hours traffic to the corridor
  • Additional area traffic drivers include proximity to the 2,100+ student Midlothian High School, Midlothian Sports Complex, the future Texas Health Neighborhood Care & Wellness and Navarro College

ROBUST POPULATION GROWTH & EMPLOYMENT DRIVERS

  • Midlothian is one of the fastest-growing communities in North Texas, with more than 7,000 single-family lots planned in the immediate area, including the adjacent 131-acre MidTowne master-planned community nearing build-out
  • That residential growth is backed by a deep, established industrial base led by Gerdau Ameristeel, whose adjacent steel mill employs approximately 1,015 workers and stands as the area’s largest industrial employer
  • Three of the top-10 largest cement plants in the U.S. also operate directly within Midlothian city limits: Martin Marietta Materials (formerly TXI, ~173 employees), Holcim (~145 employees), and Ash Grove Cement (~121 employees), together with Gerdau supporting roughly 1,450+ local jobs
  • The RailPort industrial park is home to a 1.35M SF Target Distribution Center and a Google Data Center
  • Within a 1-mile radius, the population has grown 122% since 2010 and is expected to gow another 13% by 2031
  • $153,000+ AHHI & $421,000+ median home value within 3 miles

Listing Contacts

JL
GA 329650
TSCG The Shopping Center Group Atlanta
AB
GA 373002
TSCG The Shopping Center Group Atlanta
Listed by TSCG The Shopping Center Group Atlanta

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$209,151.00
$17,429.25/mo

Valuation Metrics

0
DSCR
5.35%
Cap Rate
5.35%
ROI

Map

Zoning

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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
David Fazio
License
9006485
Brokerage
The Retail Connection, L.P.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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