Overview
Atlantic Capital Partners has been exclusively engaged to offer for sale a Heartland Dental in Asheville MSA, a newly delivered 4,200 square foot Absolute NNN dental office located at 2432 Jeffress Road in Mills River, North 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.
Mills River is situated within the Asheville Metropolitan Statistical Area, consistently ranked among the most livable and fastestgrowing small metros in the United States, serving a trade area with average household income of $125K within 3 miles and a continuously expanding residential base driven by sustained inbound migration from high cost markets across the country.
Investment Highlights
AFFLUENT ASHEVILLE MSA TRADE AREA | $125K AHHI WITHIN 3 MILES
The trade area delivers well above average HHIs, reflecting an affluent and stable consumer base that supports consistent patient demand and above average per visit dental spending.
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.
FASTEST-GROWING COUNTY IN WESTERN NORTH CAROLINA
Henderson County is among western North Carolina’s fastest-growing counties, driven by its appeal as a more affordable, rural alternative to nearby Asheville.
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.