Aspen Dental

Aspen Dental – Single Tenant Net Lease Investment
Northport (Tuscaloosa MSA), AL | Freestanding Dental Office | Absolute NNN Lease | Passive Income Opportunity

This offering presents a freestanding Aspen Dental clinic located in the growing community of Northport, part of the Tuscaloosa Metropolitan Statistical Area in west-central Alabama. The property is backed by a long-term absolute triple-net (NNN) lease, meaning the tenant is responsible for all property-related expenses, including taxes, insurance, structural maintenance, and repairs. Scheduled rent escalations every five years ensure stable income growth, and the lease structure allows investors to enjoy passive cash flow with zero management responsibility.

The site is located on a signalized intersection along a busy retail corridor, offering high visibility, ample parking, and multiple points of ingress and egress. The property is surrounded by national retailers, healthcare facilities, and densely populated residential areas. As a modern, purpose-built dental office, this property aligns perfectly with investor goals such as net lease investment properties, NNN properties for sale, single tenant net lease medical assets, and long-term passive real estate income in Southeast growth markets.

Investment Highlights

• Leased to Aspen Dental under a long-term absolute NNN lease
• Tenant covers all expenses: taxes, insurance, CAM, structure, roof, and HVAC
• Scheduled rent increases provide inflation-protected income growth
• High-visibility freestanding building with ample parking and updated construction
• Located in a densely populated and growing area of the Tuscaloosa MSA
• Surrounded by national brands, medical providers, and high-traffic retail centers
• Ideal for investors targeting passive income, portfolio diversification, or 1031 exchange NNN acquisitions

Tenant Overview

Aspen Dental is one of the largest and most recognizable dental service providers in the United States, operating over 1,000 locations across the country. The company supports independently owned and operated dental practices through a Dental Support Organization (DSO) model. This provides administrative and operational support while allowing dentists to focus on patient care. Their model has proven effective in both urban and rural markets, especially where consistent and affordable dental care is in high demand.

The lease in place is structured as absolute NNN, requiring the tenant to assume full responsibility for all operational and capital expenses. The landlord has no maintenance duties, no utility oversight, and no risk exposure related to property condition. The lease also includes multiple renewal options, ensuring the tenant’s long-term commitment to the site and providing investors with durable cash flow.

Lease Summary

• Lease Type: Absolute NNN
• Lease Term Remaining: Approximately 10–15 years
• Rent Escalations: Every five years
• Renewal Options: Multiple five-year extensions
• Landlord Responsibilities: None

This structure meets the expectations of buyers seeking long-term, low-risk net lease real estate investments with creditworthy tenants.

Market Overview – Tuscaloosa MSA

The Tuscaloosa MSA is a steadily growing region in Alabama, home to the University of Alabama and a diverse range of employment drivers, including education, healthcare, government, manufacturing, and retail. Northport, the suburb where the property is located, is experiencing strong population growth, new housing developments, and infrastructure improvements, making it a compelling market for medical and service-based tenants.

The property benefits from a five-mile population exceeding 125,000 residents, with consistent residential development and strong median household incomes. Its location near key commercial nodes and major thoroughfares supports steady daytime traffic and recurring consumer visits.

Site and Location Features

• Modern, single-tenant medical office building
• Ample dedicated parking for staff and patients
• Situated on a corner lot with excellent visibility and signage
• Dual points of access from main roads
• Proximity to regional anchors such as Target, Walmart, Lowe’s, CVS, and major QSR brands
• Adjacent to dense residential neighborhoods and within driving distance to the University of Alabama

These characteristics ensure continued consumer access and convenience—two critical factors in maintaining patient volume and tenant success.

Trade Area Demographics

• Population within five miles exceeds 125,000
• Median household income is approximately $73,500
• High percentage of working professionals, university staff, and long-term residents
• Growing student and young family populations
• Regional employment from medical centers, educational institutions, and public services

These demographic indicators support long-term dental demand and frequent patient visits. Aspen Dental’s business model thrives in trade areas like this with consistent year-round service needs and a stable economic base.

Operational Performance and Tenant Resilience

Aspen Dental’s model is recession-resilient, built around affordable, accessible dental care in underserved areas. Its services range from general dentistry to implants and denture work—procedures that often recur or require follow-up, generating consistent revenue. The tenant’s long-term investment in the site, paired with a national operating infrastructure, enhances the property’s stability.

Increased demand for healthcare-aligned NNN assets has placed Aspen Dental on many institutional and private buyer target lists. This asset benefits from low competition in the immediate trade area, further supporting the tenant’s business and the investor’s return profile.

Rent Escalations and Return Profile

The lease includes rent escalations every five years, allowing for NOI growth over time and delivering a hedge against inflation. Since the lease is absolute NNN, there are no interruptions or deductions from gross rent—every dollar goes to the owner. This structure supports simplified portfolio planning, attractive financing options, and consistent returns.

Ideal Investor Profiles

This property is suitable for:

• 1031 exchange buyers looking for low-maintenance, income-producing assets
• Private investors or family offices seeking long-term income with national tenancy
• Net lease portfolio aggregators targeting medical and healthcare service tenants
• REITs or institutions looking to add diversified healthcare credit to their holdings
• Passive investors seeking stability and hands-off property ownership

The long lease term, zero landlord responsibility, and tenant durability make this an ideal fit for conservative investors seeking yield and simplicity.

Tuscaloosa Market Trends

The broader Tuscaloosa market continues to expand with significant investments in infrastructure, education, and housing. The University of Alabama serves as both a talent pool and economic engine, while nearby regional hospitals and outpatient centers drive healthcare demand. Northport, in particular, is becoming a preferred area for national tenants due to its strong demographics and growing development pipeline.

This investment offers direct exposure to these trends, combining suburban expansion with healthcare sector growth and national-brand credit tenancy.

Conclusion

This freestanding Aspen Dental facility in Northport, AL within the Tuscaloosa MSA offers an attractive combination of passive income, national brand tenancy, and strong market fundamentals. With an absolute NNN lease in place, zero landlord responsibilities, scheduled rent escalations, and a high-visibility location in a growing market, the asset checks all boxes for long-term investors.

It is ideally suited for those seeking to deploy capital into net lease investment properties, especially within the healthcare services sector. Whether the objective is to complete a 1031 exchange, enhance a passive income portfolio, or build long-term value in net lease real estate, this Aspen Dental is a reliable, credit-backed asset positioned for stability and sustained returns.