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Heartland Dental Absolute NNN

1173 Ashmore Bridge Rd · Greenville, SC 29605 · Dental

Asking price
$4,160,000
Cap rate
5.25%
NOI
$218,400

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Lease

Lease typeAbsolute NNN
Term remaining11.9 yrs
Expiration05/2038
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$990
Year built2026
Lot size0.98 ac
TypeStorefront, Medical Office
Days on market13

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​ONE OF THE FASTEST-GROWING METROS IN THE SOUTHEAST - The Greenville-Spartanburg MSA has emerged as one of the Southeast's premier markets, surpassing 1.1 million residents following more than a decade of population and economic expansion.
  • ​NECESSITY-BASED HEALTHCARE FORMAT | RECESSION-RESILIENT - Dental services are a needs-based healthcare category, and Heartland has demonstrated resilient performance across its 1,800-location network through multiple economic cycles.
  • ​WORLD-CLASS MANUFACTURING AND CORPORATE BASE - Greenville-Spartanburg is a globally connected manufacturing hub anchored by BMW, Michelin, and more than 300 international companies representing 30 countries.
  • ​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 Greenville, SC, a newly delivered 4,200 square foot Absolute NNN dental office located at 1173 Ashmore Bridge Road in Greenville, South Carolina.​

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, with zero landlord responsibilities, a 12-year term commencing June 2026, and 10% rental increases at Year 6 and Year 11 and throughout all option periods.​

The property is situated in Greenville, South Carolina, one of the fastest growing and most economically dynamic mid-size metros in the Southeast, home to BMW's only US manufacturing facility, Michelin's North American headquarters, and over 300 international companies from 30 countries.​ The surrounding trade area delivers 90,145 residents within 5 miles at consistent average household income across all rings, reflecting a stable, established suburban consumer base with broad geographic reach and durable long-term patient demand fundamentals.​

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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.