Heartland Dental

Heartland Dental – Single Tenant Net Lease Investment
Zanesville MSA, OH | Freestanding Dental Office | Absolute NNN Lease | Passive Income Opportunity

This opportunity highlights a freestanding dental facility in Zanesville, part of Ohio’s Zanesville metropolitan area. The tenant, Heartland Dental, operates under a long-term absolute triple-net (NNN) lease. The agreement places full responsibility for property expenses—taxes, insurance, structural maintenance, utilities, landscaping, and repairs—on the tenant. Scheduled rent escalations every five years deliver income growth, while passive ownership requires zero landlord involvement. This asset is ideal for investors focused on net lease investment properties, NNN properties for sale, single tenant net lease healthcare venues, or stable cash flow in smaller markets.

Investment Highlights

• Leased to Heartland Dental under an absolute NNN lease
• Tenant assumes 100% of all facility and operating expenses
• Built-in rent increases every five years for long-term growth
• Purpose-built dental clinic, typically between 3,500–5,000 sq ft
• Located on a signalized corner or high-visibility commercial road in Zanesville
• Includes ample parking, ADA accessibility, and modern exterior design
• Situated near supermarkets, pharmacies, medical centers, schools, and service businesses
• Well-suited for passive income portfolios, 1031 exchange replacement assets, and healthcare net lease allocations

Tenant Overview
Heartland Dental is one of the leading Dental Support Organizations (DSOs) in the U.S., providing non-clinical support to satellite affiliate dental practices. Clinics offer comprehensive services including preventative care, crowns, implants, and dentures. Known for standardized operations and predictable service models, Heartland-tenanted properties are attractive for conservative net lease investors seeking reliable revenue and long-term lease obligations.

Under an absolute NNN structure, the tenant is responsible for all expenses associated with building upkeep and operations. Rents escalate every five years, and renewal options help secure tenancy continuity—providing income predictability for investors.

Lease Summary

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

This structure provides investors with hands-off ownership and income certainty in line with net lease investment goals.

Market Overview – Zanesville MSA
The Zanesville MSA is the economic hub of eastern Ohio. With a trade-area population of approximately 100,000 and a city core of roughly 25,000, the local economy supports healthcare, manufacturing, retail, education, and logistics. Major employers include local hospitals, school districts, correctional institutions, and retail operations.

Zanesville’s commercial growth is centered along signalized corridors hosting national retailers, quick-serve restaurants, and healthcare providers. The region’s limited supply of purpose-built freestanding dental clinics makes this asset strategically valuable.

Site Features

• Stand-alone clinic designed for dental use with modern finishes
• Monument signage and branded frontage visible from main roadways
• Generous parking with ADA-compliant spaces for patients and staff
• Dual entry points on main and secondary roads for easy access
• Adjacent to anchors: grocery stores, medical offices, banks, schools, and pharmacies
• Located in a corridor serving both city residents and surrounding areas

The site design meets operational, convenience, and visibility requirements crucial in healthcare-oriented net lease investments.

Trade-Area Demographics
Within a five-mile radius (approximate):

• Population of 70,000–90,000 residents with steady demographic stability
• Median household income around or slightly above the state average
• Employment in healthcare, education, public administration, and manufacturing
• Mix of families, retirees, professionals, and students
• Steady daytime population driven by hospital personnel, school staff, and correctional employment

These factors support recurring dental visits, ranging from routine care to specialized procedures.

Demand Drivers

• Essential dental services required by routine and specialty treatment
• Underserved areas benefit from new freestanding clinic access
• Heartland’s recurring-care model fosters long-term revenue
• Limited branded competition in the immediate market
• Regional mix of urban and rural patients affording clinician reach

These demand attributes underpin stable tenancy performance and investment durability.

Income Escalations & Cash Flow Profile
Rent escalations every five years protect against inflation and support income growth. The absolute NNN framework ensures no expense-related deductions from landlord revenue—delivering clean, uninterrupted cash flow. This makes underwriting straightforward and ownership low maintenance.

Ideal Buyer Profile
This asset matches the mandates of:

• 1031 exchange investors seeking neutral turnover and passive income
• Family offices or private capital focusing on defensive healthcare assets
• Institutional investors or REITs building hospital/medical property portfolios
• Conservative buyers seeking stable net lease assets with tenant funding of costs
• Capital allocators prioritizing low management responsibility and reliable income

Healthcare NNN Market Dynamics
Freestanding medical and dental net lease properties are growing in demand due to their necessity-based tenancy, tenant quality, and adaptability. Heartland Dental’s brand consistency and repeat usage model are particularly valued. Secondary markets like Zanesville offer scarcity value and potential upside with disciplined underwriting.

Conclusion
This freestanding Heartland Dental in Zanesville MSA offers a compelling net lease investment: nationally supported healthcare tenant, absolute NNN lease with escalations, modern dental facility, and strong trade area fundamentals. Backed by essential service demand, an investment-grade lease structure, and passive ownership dynamics, this property is a solid fit for healthcare-aligned investors, 1031 exchange users, and income-focused portfolios.