HEARTLAND DENTAL

HEARTLAND DENTAL – LARGEST DENTAL OPERATOR: Heartland is the country’s largest network of dental practices with over 1,700 locations, 2,800 doctors, and 20,000 employees. They have consistently added new locations every year since the company was founded in 1995, and currently are growing at nearly 100 locations per year.
$187 BILLION INDUSTRY: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
LONG-TERM LOCATION COMMITMENT: Heartland signed a 10-year lease at the location when purchasing the business in 2021, demonstrating a commitment to this location and providing confidence in their success at this clinic.
BITE SIZE DEAL: The property offers investors the opportunity to acquire a long-term NNN lease with a national tenant at under $900,000.
ADVANTAGEOUS PER/SF METRICS: At just $14.12/SF, the rent is well below the Indiana average for dental practices, and at a price of $188/SF, the property is priced below replacement cost.
STRONG HISTORICAL OCCUPANCY: The property has been operating as a dental practice for well over a decade, providing a buyer a high level of comfort with the success of the current property use.
SPECIALIZED USE & TENANT INVESTMENT IN LOCATION: It is costly for dental practices to relocate due to having one of the highest build-out costs across all medical specialties. Practices tend to stay put due to the difficulty of retaining the same patients after moving.
HIGH TRAFFIC THROUGHFARE: E McClain sees 12,500 cars per day outside the property. I-65 conveniently provides access for patients who live in nearby communities to more easily commute to Scottsburg for dental needs.
CONTACT THE BROKER FOR GROUPED OR PORTFOLIO PRICING

Navigation Menu

Key Information

Highlights

Photos

Location

Agents

Broker of Record

Kyle Matthews