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Virtual Drive-By

Heartland Dental Absolute NNN

204 Cres Ranch Blvd · Lafayette, LA 70508 · Dental

Asking price
$4,667,000
Cap rate
6.00%
NOI
$280,000

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Lease

Lease typeAbsolute NNN
Term remaining9.3 yrs
Expiration02/2035
Rent bumps10% Every 5 Years
Options
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 SF7,100
Price / SF$657
Year built2021
Lot size1.38 ac
TypeMedical Office, Storefront
Days on market45

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

  • ​Excellent Dental Practice Location: Highly visible and easily accessible location at the signalized four-way intersection of Meadow Farm Drive and Crescent Ranch Boulevard.
  • ​Reliable Tenancy: Heartland’s supported network delivered more than $4.2 billion in total annual revenue, underscoring its scale and influence in the U.S. dental industry.
  • ​Ideal Demographic Base: The five-mile radius serves a populous region of 133,038, with an average annual household income of $120,488 within three miles.
  • ​Major Shadow Anchors: Shadow-anchored by Costco Wholesale, Dick’s Sporting Goods, and Topgolf allowing for significant crossover exposure.
  • ​Downtown Lafayette: Five miles from Downtown Lafayette (metro area population of 396,000+).
  • ​Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Heartland Dental and Lafayette for steady concurrent growth.

Property overview

Newly casted 10-year absolute NNN lease relocation store (top 1% out of all 1,800+ locations), demonstrating long-term commitment to the site.​

10% fixed rental increases every five years in initial term and extension terms.​

Heartland Dental, LLC is the largest dental support organization in the U.​S.​, with more than 1,800 supported dental offices located in 38 states.​

Heartland Dental is majority owned by KKR, the largest global investment company in the world with over $504B under management.​

Heartland Dental added 130+ new practices through de novo offices and affiliations in 2025, continuing its aggressive expansion strategy.​

The site’s proximity to Ambassador Caffery Parkway (29,932) and Kaliste Saloom Road (25,445 AADT) allows the property to capture significant local and commuter traffic.​

Positioned along one of Lafayette’s primary retail corridors and surrounded by a strong mix of major local and national retailers, including Target, Kohl’s, Albertsons, Whole Foods, Ross, Academy Sports + Outdoors, Chili’s, Five Guys, LongHorn Steakhouse, and many more.​

Shadow-anchored by Costco Wholesale, Dick’s Sporting Goods, and Topgolf.​

Take the next step on this property

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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.