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Heartland Dental 2720 John Hawkins Parkway, Hoover, AL 35244
  • Price $2,700,000
  • Cap Rate 6.25%
  • Status Investment Sales Sold

About This Property

For sale to qualified investors is a triple-net lease with Heartland Dental, the nation’s largest and most established dental chain with over 1,800 locations nationally. This recession and internet resistant asset is located in Hoover, Alabama, a top tier suburb of Birmingham, and is situated directly in front of a regional shopping center anchored by Walmart and Academy Sports. Backed by a long-term, triple net lease with over 6 years plus options remaining on the base term, this property offers passive, stable income with minimal landlord responsibilities, making it an ideal addition to any investor’s portfolio. The lease features a 10% rental increase that takes place in January of 2027, making the year 2 cap rate 6.87% and above market for this type of asset. The property is located in a strong retail corridor with excellent visibility and high traffic counts and this site benefits from both a reliable tenant and a strategic A+ signalized corner location. With healthcare remaining the most resilient commercial real estate sector, this is a rare opportunity to acquire a low-risk asset with consistent returns and built-in rental escalations.

2720 John Hawkins Parkway

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