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1395 W Main StSalem, VA 24153
Heartland Dental | Salem, VA | 5.75% Cap
Asset ClassRetail, Healthcare Facility
Cap Rate5.75%
Heartland Dental | Salem, VA | 5.75% Cap


Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Heartland Dental | Salem, VA. The Premises is leased to Heartland Dental for a ten year initial term. The Asset is located in Salem's premier retail corridor and is positioned on the hard corner of a lighted intersection.

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Investment Highlights

Attractive Lease Fundamentals

  • NN lease provides minimal landlord responsibilities
  • Corporate guaranty by Heartland Dental
  • 10% Rental increases every 5 years, including option periods

Corporate Guarantee from Credit Worthy Tenant

  • Heartland Dental is the largest dental support organization in the United States
  • Over 1,700 locations
  • 2022 Total Revenue was $1.2B

Highly Accessible Location

  • Located directly off of W. Main St (25K AADT) on a signalized intersection
  • Cross access to Spartan Square Shopping Center and Planet Fitness

Located in Salem’s Premier Retail Corridor

  • Located on an out parcel of Spartan Square, a 168K SF open air shopping center, over 1.7M visits in TTM
  • Major Nearby Tenants include: Kroger, Walmart Supercenter, Planet Fitness, Ollie’s Bargain Outlet, Starbucks, Chick-Fil-A, and Jimmy Johns

Near Major Employment Centers & High School

  • Less than half mile to Salem High School (1,249 students)
  • Less than 1.5 miles to US Food’s 356k SF distribution facility
  • Less that 3.4 miles to Atlas Logistics 486K SF distribution facility
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1395 W Main StSalem, VA 24153

Atlantic Capital Partners

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Listing provided by Revere CRE