168 healthcare and medical net lease properties are observed for sale across 30 states as of October 23, 2026, at a median asking cap rate of 6.28%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, checks every tenant against the investment grade threshold, and publishes the observations here: which tenants are on the market, what they are asking, how pricing breaks down by tenant and state, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates run from 5.00% to 8.89%, with the middle half of listings between 5.50% and 7.22% across 11 tenants. Median asking price $3.00M. Average remaining lease term 7.9 years among 58 listings that state a term. 17 listings report a 2026 build year. Figures update automatically from publicly marketed offerings and broker materials.
Healthcare NNN Properties For Sale: Latest Listings
Up to twenty-four single-tenant healthcare and medical properties with published pricing, the newest from each tenant first so every tenant in the category is represented. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | Location | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| Heartland Dental | Palm Bay, FL | $4,000,000 | 5.25% | $210,000 | n/a | 2026 | Not stated | Get full property data |
| DaVita | Boiling Springs, SC | $3,424,112 | 6.25% | $214,007 | n/a | 2020 | Not stated | Get full property data |
| Fresenius Medical Care | East Peoria, IL | $3,052,000 | 6.15% | $187,727 | n/a | 1998 | Not stated | Get full property data |
| Concentra | Albuquerque, NM | $2,848,000 | 6.28% | $178,818 | n/a | 1990 | Not stated | Get full property data |
| Fast Pace Urgent Care | Knoxville, TN | $2,630,000 | 6.25% | $164,300 | n/a | 2022 | Not stated | Get full property data |
| Labcorp | New Castle, DE | $4,763,000 | 7.00% | $333,389 | n/a | 1989 | Not stated | Get full property data |
| Aspen Dental | Greenville, NC | $2,793,522 | 7.25% | $202,530 | n/a | n/a | Not stated | Get full property data |
| ATI Physical Therapy | Addison, IL | $1,403,172 | 7.25% | $101,730 | n/a | 1987 | Not stated | Get full property data |
| WellNow Urgent Care | Cobleskill, NY | $2,066,400 | 7.50% | $154,980 | n/a | 2021 | Not stated | Get full property data |
| VCA Animal Hospitals | Bedford, NH | $3,375,000 | 6.50% | $219,419 | n/a | 1976 | Not stated | Get full property data |
| MyEyeDr | Williamston, NC | $1,325,000 | 6.84% | $90,651 | n/a | 2009 | NN | Get full property data |
| Heartland Dental | Portland, MI | $1,778,827 | 7.75% | $137,859 | n/a | 2002 | Not stated | Get full property data |
| DaVita | Palmview, TX | $3,376,000 | 6.15% | $207,644 | n/a | 2006 | Not stated | Get full property data |
| Fresenius Medical Care | Uvalde, TX | $607,000 | 7.25% | $44,000 | n/a | 1992 | Not stated | Get full property data |
| Fast Pace Urgent Care | Greenbrier, AR | $2,712,608 | 8.00% | $217,008 | n/a | 2024 | Not stated | Get full property data |
| Aspen Dental | Moncks Corner, SC | $2,679,185 | 5.65% | $151,374 | n/a | 2026 | Not stated | Get full property data |
| ATI Physical Therapy | Round Lake Beach, IL | $1,457,164 | 8.25% | $120,216 | 4.4 yrs | 2020 | NN | Get full property data |
| Concentra | Green Bay, WI | $2,223,400 | 6.85% | $152,306 | n/a | n/a | Not stated | Get full property data |
| MyEyeDr | Greenville, NC | $2,500,000 | 6.75% | n/a | n/a | 1994 | Not stated | Get full property data |
| WellNow Urgent Care | St Marys, PA | $2,070,000 | 7.30% | $151,145 | n/a | 2023 | Not stated | Get full property data |
| VCA Animal Hospitals | San Antonio, TX | $1,238,570 | 7.00% | $86,700 | n/a | 1998 | Not stated | Get full property data |
| Heartland Dental | Richmond, IN | $3,367,000 | 5.75% | $193,600 | n/a | 2025 | Not stated | Get full property data |
| Fresenius Medical Care | Punta Gorda, FL | $1,215,483 | 7.75% | $94,200 | n/a | 1996 | Not stated | Get full property data |
| DaVita | El Cerrito, CA | $4,438,300 | 7.24% | $321,244 | n/a | n/a | Not stated | Get full property data |
Showing 24 of 168 observed Healthcare listings: the newest listing from each tenant first, then each tenant’s next newest, so every tenant with inventory appears. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Tenants in the Healthcare Category
Listing count, median asking cap rate and cap range by tenant. The spread between tenants inside one category is usually a story about lease guarantee, remaining term and building age, which is why each tenant page breaks its inventory down further.
| Tenant | Listings | States | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|---|
| Heartland Dental | 67 | 19 | 5.50% | 5.10% to 7.75% | $3.55M | Heartland Dental NNN for sale |
| DaVita | 40 | 19 | 6.65% | 5.00% to 8.47% | $3.33M | DaVita NNN for sale |
| Fast Pace Urgent Care | 18 | 6 | 6.75% | 5.75% to 8.41% | $2.84M | Fast Pace Urgent Care NNN for sale |
| Aspen Dental | 10 | 8 | 6.25% | 5.35% to 7.25% | $2.66M | Aspen Dental NNN for sale |
| Fresenius Medical Care | 9 | 7 | 6.75% | 5.75% to 7.75% | $1.93M | Fresenius Medical Care NNN for sale |
| Concentra | 6 | 6 | 6.57% | 5.75% to 7.89% | $2.81M | Concentra NNN for sale |
| MyEyeDr | 5 | 3 | 6.84% | 6.57% to 8.89% | $1.33M | MyEyeDr NNN for sale |
| ATI Physical Therapy | 4 | 2 | 7.76% | 7.25% to 8.50% | $1.43M | ATI Physical Therapy NNN for sale |
| WellNow Urgent Care | 4 | 2 | 7.40% | 7.30% to 8.00% | $2.04M | WellNow Urgent Care NNN for sale |
| VCA Animal Hospitals | 3 | 3 | 6.59% | 6.50% to 7.00% | $1.85M | VCA Animal Hospitals NNN for sale |
| Labcorp | 2 | 2 | 7.00% | 7.00% to 7.00% | $2.56M | Labcorp NNN for sale |
Tenants in this category with at least one qualifying listing. Each tenant page carries its own listings, cap rate bands and state breakdown.
Where Healthcare NNN Properties Are For Sale
| State | Listings | Avg Cap Rate | Avg Asking Price |
|---|---|---|---|
| FL | 21 | 5.66% | $3.57M |
| TX | 14 | 6.39% | $2.97M |
| NC | 12 | 6.05% | $3.14M |
| TN | 11 | 6.49% | $2.55M |
| CA | 11 | 5.99% | $5.87M |
| MI | 10 | 7.16% | $2.11M |
| IL | 10 | 6.99% | $2.39M |
| GA | 10 | 6.31% | $2.78M |
| SC | 9 | 5.79% | $3.45M |
| MS | 5 | 6.48% | $2.46M |
| AL | 5 | 6.87% | $2.26M |
| IN | 5 | 6.20% | $3.20M |
States with the most Healthcare listings observed. Averages are simple means of published asking figures.
How to Evaluate a Healthcare Net Lease Property
Healthcare net lease ranges from dental and urgent care to dialysis, veterinary and medical office. The credit may be the operator, a private-equity-backed platform, or a health system, and the guarantee structure is the first thing to confirm in the lease. Specialized build-out tends to favor renewals because relocation is expensive for the tenant.
Look at reimbursement exposure and licensing: a dialysis clinic, a dental practice and a veterinary hospital have different regulatory and payer profiles even when the lease looks the same. The tenant pages carry the rating evidence where a public credit exists.
Confirm landlord responsibilities, since many healthcare leases are NN rather than absolute NNN, and check whether the rent reflects a developer build-to-suit yield rather than market.
For the credit side of each tenant, start with the investment grade credit tenant ratings table, and the credit rating and cap rate page linked from each tenant’s for-sale page.
1031 Exchange Buyers and Healthcare NNN
Healthcare net lease is a common replacement property for exchange buyers who want renewal-prone tenants. Confirm the guarantor and any NN responsibilities before identification. The 45-day identification and 180-day exchange periods come from Internal Revenue Code Section 1031 and Treasury Regulation 1.1031(k)-1; this is general information, not tax advice, and your qualified intermediary and CPA handle the exchange side. Our role is the property.
Frequently Asked Questions: Healthcare NNN Properties For Sale
How many Healthcare NNN properties are for sale right now?
As of October 23, 2026, 168 single-tenant healthcare and medical net lease properties are observed for sale across 30 states and 11 tenants. The count updates automatically as listings are added and withdrawn.
What cap rates are Healthcare NNN properties asking?
The median asking cap rate across observed healthcare and medical listings is 6.28%, with the middle half of listings between 5.50% and 7.22% and a full range of 5.00% to 8.89%. Cap rates vary by tenant, guarantee, remaining term and location; confirm the lease before relying on any single figure.
Which tenant has the most Healthcare listings on the market?
Heartland Dental currently has the most observed listings in the category, at 67. The tenant table above shows every tenant in the category with live inventory.
Which states have the most Healthcare NNN properties for sale?
The states with the most observed healthcare and medical listings right now are FL, TX, NC. The state table above lists the top states with average asking cap rate and price.
What is the typical asking price for Healthcare NNN properties?
The median asking price across observed healthcare and medical listings is $3.00M, with a range of $0.35M to $13.70M. Price depends on rent, cap rate and lease structure, so compare within a tenant before comparing across the category.
Are these listings offered by Investment Grade?
No. These are market observations aggregated from publicly marketed offerings and broker materials, not offerings by Investment Grade Income Property, LP. Registering for full property data connects you with our team for buyer representation and due diligence; the listing broker remains the listing broker.
Other NNN Categories For Sale
- QSR NNN properties for sale (819 listings)
- Casual Dining NNN properties for sale (108 listings)
- Pharmacy NNN properties for sale (513 listings)
- Dollar Store NNN properties for sale (798 listings)
- Bank Branch NNN properties for sale (140 listings)
- Auto Parts and Service NNN properties for sale (285 listings)
- Gas Station and C-Store NNN properties for sale (341 listings)
- Grocery and Big Box NNN properties for sale (43 listings)
- Car Wash NNN properties for sale (23 listings)
- All NNN properties for sale by tenant
