Heartland Dental

Heartland Dental – Single Tenant Net Lease Investment
Kingsport–Bristol MSA, TN/VA | Freestanding Dental Office | Absolute NNN Lease | Passive Income Opportunity

This offering features a modern, standalone Heartland Dental clinic located within the Kingsport–Bristol metropolitan area, spanning northeastern Tennessee and the southwestern edge of Virginia. The property is secured by a long-term absolute triple-net (NNN) lease, placing full responsibility for property taxes, insurance, structural maintenance, utilities, landscaping, and repairs on the tenant. With scheduled five‑year rent escalations and zero landlord obligations, this asset delivers predictable passive income and meets criteria for investors seeking net lease investment properties, NNN properties for sale, single tenant medical real estate, or defensive income plays in stable secondary markets.

Investment Highlights

• Leased to Heartland Dental under a long-term absolute NNN lease
• Tenant assumes 100% of ongoing facility expenses
• Rent escalations occur every five years, providing inflation protection
• Built-to-suit dental clinic (approx. 3,500–5,000 sq ft) with professional-grade finishes
• Positioned on a signalized, high-traffic corridor with excellent visibility
• Offers ample ADA‑compliant parking and patient-friendly access
• Located near grocery stores, pharmacies, medical centers, banks, and schools
• Perfect for investors targeting passive income, 1031 exchange assets, or healthcare-anchored portfolios

Tenant Overview
Heartland Dental ranks among the largest Dental Support Organizations in the U.S. Its model combines administrative support with local dental practices, ensuring consistent quality and operational standards. The brand offers general dentistry, implants, orthodontics, dentures, and emergency services under long-term leases, making it a reliable tenant in the net lease real estate marketplace. With built-in renewals and escalations, Heartland Dental provides income stability and asset longevity.

Lease Summary

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

This structure delivers passive, inflation-adjusted income with minimal ownership oversight—ideal for stable portfolio yields.

Market Overview – Kingsport–Bristol MSA
The Kingsport–Bristol area, part of the Tennessee-Virginia “Tri-Cities” region, serves as a regional employment and healthcare hub with a combined population around 310,000. Its economy is supported by advanced manufacturing, healthcare systems, education institutions (such as East Tennessee State University), and regional retail. The trade area benefits from steady residential growth, demographic diversity, and limited competition for freestanding medical/dental spaces—creating a strong foundation for site performance.

Site Features

• Brand-new, purpose-built Heartland Dental clinic featuring modern architecture
• Prominent monument and building signage visible from major roadways
• Fast patient flow ensured by multiple access points and drive‑through-style drop-off
• Generous parking layout and ADA accommodation
• Neighboring co-tenants include grocers, QSRs, banks, urgent care, and pharmacies
• Located at a major signalized intersection serving both local residents and commuters

These features support accessibility, visibility, and operational efficacy for dental practice.

Trade‑Area Demographics
Within a five-mile radius:

• Population: Approximately 90,000–110,000 residents
• Median household income: At or slightly above regional averages
• Employment sectors: healthcare, education, manufacturing, retail, logistics
• Mix of families, professionals, retirees, and university communities
• Daytime population bolstered by medical campus staff, college personnel, and industrial employees

Population density, socioeconomic mix, and employment diversity support consistent clinic usage across patient segments.

Demand Drivers

• Ongoing need for routine and specialty dental care—cleanings, prosthetics, implants
• Heartland’s recurring-care model fosters patient loyalty and retention
• Limited competition in freestanding dental spaces—enhancing local volume
• Regional healthcare expansion and aging demographics increase demand
• Strong referral networks from nearby medical providers and institutions

These dynamics support sustained clinic performance and tiered utilization.

Income Growth & Return Profile
Rent escalations every five years protect against inflation and enhance net operating income. Under absolute NNN terms, the landlord avoids all property liabilities, ensuring uninterrupted, easy-to-model revenue—beneficial for lending, resale, or portfolio planning.

Ideal Buyer Profile
This property suits investors such as:

• 1031 exchange buyers seeking low-touch healthcare assets
• Private equity or family-office capital targeting credit-backed, passive income
• Institutional investors or REITs expanding into defensive medical real estate
• Conservative buyers focusing on long-term cash flow and minimal oversight
• Portfolio allocators emphasizing growth in healthcare-anchored NNN assets

With a stable tenancy, built-in income protection, and site fundamentals, this asset aligns with disciplined investment mandates.

Healthcare NNN Market Trends
Healthcare net lease properties—especially dental and medical offices—are in high demand due to necessity-based tenancy, recession resilience, and reuse capability. Heartland Dental’s brand, recurring model, and long-term lease structure make its assets some of the most sought-after in secondary markets. In the Tri-Cities area, freestanding clinics are rare, adding scarcity value and reinforcing investment appeal.

Conclusion
This Heartland Dental in the Kingsport–Bristol MSA is a premier net lease offering: credit tenant, absolute NNN lease, five-year escalations, and a modern facility in a well-established regional healthcare trade area. Offering passive income with no landlord responsibilities and solid growth mechanics, this asset is well-positioned for investors seeking single tenant net lease medical properties, 1031 exchange replacements, or stable portfolio additions in Southeast secondary markets.