Heartland Dental NNN Properties For Sale: Listings, Cap Rates and 1031 Buyer Guide

4th October 2026 | by the Investment Grade Team

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This page tracks Heartland Dental net lease properties observed for sale in the United States, refreshed automatically from listing broker materials, checks the tenant against the investment grade threshold, and walks through how to evaluate one before you make an offer. If you want the corporate credit story, the Heartland Dental credit rating and cap rate profile covers it. This page is about the inventory: what is on the market, what it is asking, how the pricing breaks down by term, state and lease type, and how a buyer, especially a 1031 exchange buyer, should work through it.

Heartland Dental is not investment grade. Heartland Dental LLC carries long-term issuer ratings of B (Stable outlook) from S&P Global Ratings and B2 (Stable outlook) from Moody’s, which is below the BBB-/Baa3 investment grade threshold. Ratings checked September 27, 2026. Ratings change; confirm before relying on any figure here. See the Heartland Dental credit rating and NNN cap rate profile and the investment grade credit tenant ratings table.

77 Heartland Dental NNN properties observed for sale across 21 states as of October 2, 2026. Median asking cap rate 5.65% (range 5.10% to 8.15%). Median asking price $3.56M. Average remaining lease term 9.9 years (among 48 listings that state a term). Median building 4,256 SF. Figures update automatically from listing broker materials.

Heartland Dental is not investment grade. Heartland Dental LLC carries long-term issuer ratings of B (Stable outlook) from S&P Global Ratings and B2 (Stable outlook) from Moody’s, which is below the BBB-/Baa3 investment grade threshold. Ratings checked September 27, 2026. See the investment grade credit tenant ratings table.

Heartland Dental NNN Properties For Sale: Latest Listings

Up to twelve of the most recently listed single-tenant Heartland Dental properties with published pricing. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.

LocationAsking PriceCap RateNOITerm LeftBuiltLease
Memphis, TN$1,552,0006.25%$96,978n/a2016Not statedGet full property data
Colorado Springs, CO$1,619,3006.75%$109,304n/an/aNot statedGet full property data
Allen Park, MI$1,381,0007.00%$96,696n/an/aNot statedGet full property data
Georgetown, KY$2,041,0007.75%$158,186n/a2004Not statedGet full property data
Plymouth, NH$1,526,0007.75%$118,277n/a2001Not statedGet full property data
Goose Creek, SC$2,998,0006.75%$202,384n/a2016Not statedGet full property data
Pearland, TX$1,645,0006.80%$111,502n/a1993Not statedGet full property data
Eastpointe, MI$1,151,0007.00%$80,580n/a1967Not statedGet full property data
Venice, FL$4,156,3535.10%$211,974n/a2026Not statedGet full property data
St. Peters, MO$2,955,4566.25%$184,716n/a2024Not statedGet full property data
Daytona Beach, FL$4,173,5965.20%$217,027n/a2025Not statedGet full property data
Raytown, MO$5,033,0008.15%n/an/an/aNot statedGet full property data

Showing the 12 most recently listed of 77 observed listings; listings without a published asking price and cap rate are not shown here.

Search all 77 Heartland Dental properties on the market

Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the listing party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.

Get new Heartland Dental listings in your cap rate band

New Heartland Dental net lease listings matched to your criteria, emailed as they are observed on the market. One email per match, nothing else.

Investment Grade Income Property, LP is a licensed commercial real estate brokerage. Your details are used to send the information you requested and are never shared with listing brokers without your permission.

What You Are Actually Buying

Heartland Dental locations are supported practices rather than franchised units, and the lease obligor is typically a Heartland entity rather than the individual dentist. The company is owned by private equity and carries a leveraged balance sheet, so this is a case where the operating business behind the rent deserves as much attention as the building.

Buildings run roughly 3,000 to 10,000 square feet depending on format, often purpose-built with plumbing, electrical and mechanical systems specific to clinical use. That specificity cuts both ways: it raises tenant relocation cost, which supports renewal, and it narrows the second-generation tenant pool if the tenant does leave.

Across the current inventory, roughly 54% of listings with a reported build year were delivered in the last four years, and about 8% are marketed as NN, NN+ or simply Net, which usually means the landlord retains roof and structure and sometimes parking and HVAC. Read the lease rather than the brochure headline. If the rating framework behind investment grade tenancy is unfamiliar, the investment grade guide explains it.

Heartland Dental Cap Rate, Price and Term Distribution

These tables are generated from the live inventory and refresh every few hours. Use them to place any individual listing in context rather than judging an asking cap rate in isolation.

Asking Cap Rate BandListingsShareAvg Asking Price
5.00% to 5.49%3545%$3.80M
5.50% to 5.99%79%$3.88M
6.00% to 6.49%810%$5.38M
6.50% to 6.99%1013%$2.76M
7.00% and above1722%$2.34M
Asking Price BandListingsShareAvg Cap Rate
Under $1.5M45%7.19%
$1.5M to $2.5M1519%6.91%
$2.5M to $3.5M1519%6.12%
$3.5M to $5M3748%5.36%
$5M and above56%6.69%
Remaining Lease TermListingsAvg Cap Rate
Under 5 years37.03%
5 to 10 years155.81%
10 to 15 years295.30%
15 years and longer17.25%
Lease Type (as marketed)Listings
Absolute NNN40
Not stated24
NNN7
NN5
NN+1

How to read the pricing

The spread inside the Heartland Dental inventory runs from 5.10% to 8.15%, against a median of 5.65%. Three variables help explain much of that spread, although these tables describe asking prices and do not isolate any single effect. First, remaining term, shown in the term table above. Second, geography, shown in the state table below. Third, lease structure and real estate quality: longer terms, stronger guarantors, absolute NNN structures and strong access generally ask lower cap rates, while leases with landlord responsibilities (NN) and secondary access generally ask higher ones; ground leases can price on either side, depending on rent and land value. When a listing sits far outside the band its term and state would predict, there is usually a reason in the lease, and it is worth finding before you write the offer rather than after.

Where Heartland Dental NNN Properties Are For Sale

Current inventory spans 21 states. Differences between states in the table below can reflect local buyer demand, growth, taxes and the mix of lease terms in each state’s listings as much as anything about the tenant, and small state samples can shift quickly.

StateListingsAvg Cap RateAvg Asking Price
FL175.35%$3.78M
TX86.01%$2.99M
NC75.53%$3.56M
SC75.61%$3.66M
AZ45.98%$7.82M
GA45.80%$3.19M
TN46.53%$2.64M
AL36.80%$2.44M
MI36.55%$1.98M
MO37.22%$3.20M
OH37.25%$3.72M
IL27.13%$1.82M

Shows the 12 states with the most listings, out of 21 states with Heartland Dental listings. Search all listings for the rest.

Heartland Dental as a 1031 Exchange Replacement Property

The median asking price in the current Heartland Dental inventory is $3.56M, and about 39% of listings fall in the middle of the market between 1.5 and 3.5 million dollars. Whether that fits an exchange depends on the equity coming out of the relinquished property and on the debt you need to replace.

  • Identify from the live list, not a stale one. Listings move. Identify two or three specific properties under the three-property rule and keep a backup that is realistically still available.
  • Debt replacement is the trap. If the relinquished property carried a mortgage, you must replace that debt or add cash to fully defer gain. Where lender pricing sits above the asking cap rate, financed acquisitions run negative leverage.
  • Term should match your hold. If you plan to hold through the next exchange or pass the asset to heirs, prioritize term and options over 25 basis points of cap rate.
  • Certainty of closing matters more than price. A clean estoppel, a current lease and no pending relocation are worth paying for on a 45-day clock.

For identification mechanics, timelines and the NNN, DST and UPREIT alternatives, see the 1031 exchange into investment grade property guide.

Heartland Dental NNN Due Diligence Checklist

These are the items that change the value of a Heartland Dental listing and are rarely resolved by the offering memorandum.

  • Obligor and sponsor. Many operators in this category are owned by private equity firms and carry leveraged balance sheets. Establish the exact obligor entity and what stands behind it.
  • Reimbursement exposure. Clinical operators are sensitive to payer mix and reimbursement policy. Understand the revenue model behind the rent.
  • Clinical build-out and reuse. Quantify the cost to convert the space to nonclinical use and who owns the improvements at expiration.
  • Term, options and escalations. Verify remaining term, escalation schedule and option structure.

How Investment Grade Works With Heartland Dental Buyers

Investment Grade Income Property, LP is a licensed commercial real estate brokerage providing national advisory on acquisitions and dispositions of net lease property, with Broker of Record co-listing partnerships in all 50 states. On a Heartland Dental acquisition we screen the live inventory against your criteria, pull the lease abstract behind any listing you want to pursue, benchmark the asking cap rate against the distribution above, and negotiate on your side of the table through closing. On most transactions there is no separate fee to the buyer because compensation is paid from the transaction by the listing side. Where that is not the case we disclose it in writing before you engage.

Owners of existing Heartland Dental properties can use this page as a valuation benchmark. If you are weighing a sale, an off-market disposition to a qualified 1031 buyer often closes faster and with less retrading than a broad marketing process.

Frequently Asked Questions

How many Heartland Dental NNN properties are for sale right now?

As of October 2, 2026, 77 single-tenant Heartland Dental net lease properties are observed for sale across 21 states. The count updates automatically as listings are added and removed.

Is Heartland Dental investment grade?

Heartland Dental LLC carries long-term issuer ratings of B (Stable outlook) from S&P Global Ratings and B2 (Stable outlook) from Moody’s, which is below the BBB-/Baa3 investment grade threshold. Ratings checked September 27, 2026.

What cap rate do Heartland Dental NNN properties sell at?

The current median asking cap rate is 5.65%, with the inventory ranging from 5.10% to 8.15%. Longer term, stronger markets and absolute NNN structures price at the tight end.

How much does a Heartland Dental NNN property cost?

The median asking price in the current inventory is $3.56M, with listings from $1.11M to $21.60M. About 39% fall between 1.5 and 3.5 million dollars.

Who signs the lease on a Heartland Dental property?

Heartland Dental locations are supported practices rather than franchised units, and the lease obligor is typically a Heartland entity rather than the individual dentist. The company is owned by private equity and carries a leveraged balance sheet, so this is a case where the operating business behind the rent deserves as much attention as the building.

Working a Heartland Dental acquisition or a 1031 identification deadline? Register on any listing above for full property data and a due diligence review, or email steve@investmentgrade.pro with your price range, target states and closing timeline and we will screen the live inventory for you.

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