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Heartland Dental Absolute NNN

9641 Patriot Hwy · Fredericksburg, VA 22407 · Dental

Asking price
$4,000,000
Cap rate
5.25%
NOI
$210,000

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Lease

Lease typeAbsolute NNN
Term remaining12.0 yrs
Expiration04/2038
Rent bumps10% in Year 6, 10% in Year 11 and 10% Each Option
Options4 x 5 Years
Ground leaseNo
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF4,200
Price / SF$952
Year built2026
Lot size1.03 ac
TypeMedical Office
Days on market13

Need year-one bonus depreciation

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Investment highlights

  • ​EXCEPTIONAL IMMEDIATE AFFLUENCE | $130K AHHI WITHIN 5 MILES - Affluent trade area with average household income of $130K within 5 miles and $110K within 1 mile, supporting strong long-term patient demand.
  • ​ESTABLISHED HIGH-TRAFFIC RETAIL NODE | 25,000 VPD ON PATRIOT HWY - Located at the signalized intersection of Patriot Highway (25,000 VPD) and Spotsylvania County Parkway (22,000 VPD) as an outparcel to Publix, and surrounded by Target, Publix, and Starbucks.
  • ​GROWING FREDERICKSBURG MARKET | DC-RICHMOND CORRIDOR - Fredericksburg and Spotsylvania County continue to benefit from rapid growth along the I-95 corridor, with county population increasing more than 20% over the past decade.
  • ​CORPORATE GUARANTEE | LARGEST DSO IN THE US - Backed by a full corporate guarantee from Heartland Dental, the nation's largest dental support organization with 1,800+ locations, $3.2 billion in revenue, and sponsorship from KKR.
  • ​BRAND NEW 2026 CONSTRUCTION | STRUCTURED RENT GROWTH - Brand-new 2026 construction with a fresh 12-year lease term, no deferred maintenance, and 10% rent increases in Years 6 and 11 and throughout all options.
  • ​ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES - Absolute NNN lease with zero landlord responsibilities, providing a truly passive investment and one of the cleanest ownership structures in net lease real estate.

Property overview

Atlantic Capital Partners has been exclusively engaged to offer for sale a Heartland Dental in Fredericksburg, VA, a newly delivered 4,200-square-foot Absolute NNN dental office located at 9641 Patriot Highway in Fredericksburg, Virginia.​

The lease is backed by a full corporate guarantee from Heartland Dental - the largest dental support organization in the United States with over 1,800 supported locations and $3.2 billion in total revenue - and features zero landlord responsibilities, a 12-year term, and 10% rental increases at Year 6, Year 11, and throughout all option periods.​ Current annual rent of $210,000 reflects a newly constructed, purpose-built facility with transferable manufacturer warranties and no near-term capital exposure.​

The property is positioned on Patriot Highway at 25,000 AADT within an established retail corridor on a Publix outparcel serving residents with an average household income of $130,525 within 5 miles.​ Fredericksburg sits midway between Washington DC and Richmond along the I-95 corridor and has been among the fastest-growing cities in Virginia for over a decade, providing Heartland Dental with a continuously expanding, affluent patient base in one of the most supply-constrained retail markets in the region.​

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.