Heartland Dental

Tenant & Lease:

• Heartland Dental- Heartland is the country’s largest network of dental practices with over 1,800 locations, 2,800 doctors, and 20,000 employees. They have consistently added new locations every year since the company was founded in 1995, and currently are growing at nearly 100 locations per year.
• $187 Billion Industry- Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
• Location Commitment- Heartland signed a 10-year lease at the location when purchasing the business in 2024, demonstrating commitment to this location and providing confidence in their success within the Dayton market.
• Bite-Size Deal- The property offers investors the opportunity to acquire a long-term NNN lease with a national tenant at under $600,000.

Property & Location: 
• High Income Dayton Market- The property sits within a high income suburb within Dayton that has average household incomes of over $110,000 within a 1-mile radius of the property.
• Advantageous Price/SF Metrics- At just over $220/SF the property is priced below replacement cost. The average interior build-out for dental offices frequently passes over $150/SF.
• Specialized Use & Tenant Investment in Location- It is costly for dental practices to relocate due to having one of the highest build-out costs across all medical specialties. Practices tend to stay put due to the difficulty in retaining the same patients after moving.
• High Traffic Throughfare- North Main Street sees over 27,000 cars per day directly in front of the property.