Aspen Dental

Aspen Dental – Single Tenant Net Lease Investment
Longview, TX MSA | Freestanding Dental Office | Absolute NNN Lease | Passive Income Opportunity

This investment opportunity offers a freestanding Aspen Dental office located in the Longview metropolitan area in East Texas. The property is secured by a long-term absolute net lease, meaning the tenant assumes all property-related expenses—including property taxes, insurance, structural repairs, HVAC, and landscaping. Rent escalations occur every five years, generating inflation-protected income while the owner benefits from zero landlord responsibilities. This asset aligns perfectly with investor criteria such as net lease investment properties, NNN properties for sale, single tenant net lease assets, and healthcare-anchored NNN lease investments in growing secondary markets.

The site is strategically positioned on a signalized high-traffic corridor, offering excellent visibility and easy access via dual entry points. It features ample on-site parking and benefits from proximity to major retailers, medical centers, office parks, residential neighborhoods, and supporting service businesses. As a modern, purpose-built dental office located in a market with strong demand for healthcare services, this property appeals to investors seeking passive-income assets, 1031-exchange-compatible net lease holdings, and defensive healthcare-oriented investments.

Investment Highlights

• Leased to Aspen Dental under a long-term absolute NNN lease
• Tenant covers all operational and capital expenses
• Scheduled rent escalations every five years
• Freestanding professional building with dedicated parking
• Located in a signalized retail corridor in Longview, TX
• Surrounded by regional anchors: grocers, hospitals, pharmacies, banks
• Ideal for active and passive investors seeking stable income and tenant credit

Tenant Overview

Aspen Dental is a leading Dental Support Organization (DSO) with over 1,000 locations across the country. It supports affiliated practices by providing administrative, operational, and marketing services—allowing dentists to focus on patient care. The brand has successfully expanded into secondary and tertiary markets with durable demand patterns. Its recurring care model—including routine dentistry, implants, braces, and dentures—establishes consistent foot traffic and a stable revenue stream. Aspen Dental is viewed as a high-quality, investment-grade tenant in the net lease market due to its professional management, recurring patient base, and long-term site commitments.

As an absolute NNN lease, the tenant shoulders all property-level responsibilities, including maintenance, utilities, and roof replacement. Scheduled escalations ensure income growth, while the owner enjoys hands-off management and Clean financials. The lease also provides multiple renewal options, ensuring continuity and value retention.

Lease Summary

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

This structure supports investors looking for low-risk, credit-tenant cash flow assets with passive ownership and long-term stability.

Market Overview – Longview MSA

The Longview metropolitan area, with a population of approximately 210,000, is located in East Texas along I-20. The economy is diversified across industrial, manufacturing, logistics, healthcare, education, and retail sectors. Major employers include Gregg County Medical Center, LeTourneau University, and regional grocers, alongside oil-related industries and transportation services. Residential, commercial, and mixed-use developments continue to expand throughout the city and suburbs, supporting long-term real estate demand.

With strong commuter traffic, stable economic conditions, and limited class-A medical office supply, Longview offers favorable conditions for a dentist-anchored net lease building. Aspen Dental benefits from both scheduled dental appointments and walk-in visits—supporting a steady revenue stream rooted in essential services.

Property Features

• Freestanding building tailored for medical/dental use
• Ample dedicated parking with convenient access lanes
• Building signage visible to passing traffic
• Clear ingress/egress from two major roadways
• Positioned next to dominant grocery anchors and complementary retail
• Near other medical users, banks, fast-casual restaurants, and hotels

This configuration ensures patient convenience, ease of access, and visibility from all major traffic flow directions.

Demographics & Trade Area

Within a five-mile radius:

• Population approximates 70,000–90,000 residents, including Longview proper and suburbs
• Median household income above state average
• Mix of homeowners, working families, and retirees
• Employment supported by healthcare, manufacturing, education, and public services
• Daytime population bolstered by hospital staff, students, commuters, and customers

These demographic factors support year-round demand for dental services, driven by both routine care and periodic procedures—making Aspen Dental a defensive revenue tenant.

Economic & Consumer Drivers

Key demand drivers include:

• Healthcare delivery in a region with limited dental supply
• Robust family and elderhousehold growth requiring routine and specialty dental services
• Residential development fueling new patient sources
• Medical and hospital clusters creating service synergy
• Oil and logistics sector jobs producing local income stability

These elements combine to form a reliable ecosystem for healthcare providers and long-term tenant performance.

Rent Escalations & Income Growth

Rent escalations every five years provide effective inflation protection while boosting net operating income over time. With absolute NNN responsibility, the landlord avoids cost fluctuations—supporting clean, predictable cash flow suited for modeling, borrowing, and capital planning.

Ideal Buyer Profile

This asset is an excellent fit for:

• 1031 exchange investors seeking professional net lease assets
• Private capital and family offices aiming for passive income
• Institutional investors or REITs targeting healthcare-anchored real estate
• Portfolio allocators focused on credit-tenanted, low-management investments
• Conservative buyers seeking defensive real assets with predictable returns

The structure, tenant, and site characteristics support many investor mandates, particularly in structured passive-income strategies.

Texas Net Lease Market Dynamics

Texas remains a premier investment destination, benefiting from population inflows, pro-business regulation, and diversified regional economies. In East Texas, Longview serves as a regional hub supporting rural service delivery across multiple counties. Single-tenant medical properties commanding net lease structures are increasingly scarce, driving capital demand and plateauing vacancy.

Investors continue targeting Aspen Dental locations due to their stability, tenant quality, and disciplined expansion strategies—making them standout assets in the secondary net lease market.

Conclusion

This Aspen Dental in the Longview MSA represents a leading defensive net lease investment. With national-branded healthcare tenancy, absolute NNN lease guarantees, scheduled rent growth, and a prominent location in a regional hub, this property delivers passive returns with no management burden.

Ideal for those seeking net lease investment properties, single tenant net lease medical assets, 1031 exchange investments, or age-resistant portfolio strategies, this Aspen Dental provides durable performance, tenant credibility, and financial clarity. It stands as a sound addition to any healthcare or net lease real estate investment mix.