Heartland Dental

Purchase Price$3,100,000
Annual Rental Income$186,000
Cap Rate6%
Lease Term14 Years
CityBirmingham MSA
Tenant: Heartland Dental
Sector: Medical Retail
State: Michigan

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This exclusive offering provides the opportunity to acquire a single-tenant Heartland Dental property located in Birmingham, Michigan, one of the most affluent and desirable communities in the Detroit metropolitan area. Heartland Dental is the largest dental support organization (DSO) in the United States, operating over 1,700 locations across 38 states with more than 2,300 supported dentists. Backed by KKR, a global investment firm with over $500 billion in assets under management, Heartland Dental has a strong financial foundation and a proven track record of growth, making it one of the most stable and creditworthy tenants in the net lease marketplace.

The property is secured by a long-term absolute net lease, providing investors with a truly passive income stream. Under the terms of the lease, the tenant is responsible for all expenses including taxes, insurance, and maintenance, relieving ownership of all landlord responsibilities. With a fresh 15-year initial term in place and multiple rental increases built into the lease, investors are assured of predictable income growth and an attractive hedge against inflation.

Birmingham, Michigan is widely recognized as one of the premier suburban markets within the Detroit MSA. The city is known for its upscale residential communities, vibrant downtown district, and exceptional household demographics. Average household incomes within a three-mile radius exceed $160,000, and the area consistently ranks among the wealthiest zip codes in the state of Michigan. These high income levels translate into strong demand for healthcare and dental services, ensuring long-term tenant success and stability at this location.

The property benefits from a prime location with excellent visibility and access. Birmingham is situated in Oakland County, one of the most affluent counties in the Midwest and a major economic hub for the Detroit region. The surrounding area features a strong mix of national retailers, service providers, and healthcare operators, creating a thriving commercial corridor that attracts steady consumer traffic. Proximity to residential neighborhoods, office parks, and schools further enhances the property’s long-term positioning as a daily needs destination.

Dental practices, particularly those supported by DSOs such as Heartland, have proven to be recession-resistant tenants. Demand for dental services is stable across economic cycles, with preventive, restorative, and cosmetic services viewed as essential by most consumers. In addition, Heartland Dental’s scale, centralized operational systems, and strong management support allow its locations to perform at consistently high levels, further reducing risk for investors.

This offering represents an opportunity to acquire fee simple ownership of a premier net lease property with corporate-backed security, zero landlord responsibilities, and attractive long-term lease fundamentals. The Birmingham location combines high-quality real estate with a strong tenant, a desirable lease structure, and exceptional demographics. It is ideally suited for private investors seeking stable income, family offices looking for long-term wealth preservation, and institutional buyers seeking durable cash flow backed by a recession-resistant industry leader.

In summary, the Heartland Dental in Birmingham, Michigan presents a rare opportunity to acquire a trophy net lease investment in one of the most affluent communities in the Detroit MSA. Investors will benefit from a corporate-guaranteed long-term lease, zero management obligations, and a tenant operating in a stable and essential industry. Few offerings combine this level of tenant strength, lease security, and superior location, making this property an outstanding addition to any net lease portfolio.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.