Atlantic Capital Partners has been exclusively engaged to offer for sale Heartland Dental, a 3,829-square-foot net-leased medical asset located at 1905 Convenience Place
in Champaign, Illinois. The property is leased to Heartland Dental, LLC, the nation’s largest dental support organization, under a corporate-guaranteed NN lease with approximately 6.2 years of remaining primary term. The lease features attractive 2.5% annual rental increases throughout the primary term and renewal options, providing investors with contractual income growth and long-term cash flow visibility.
As a purpose-built dental facility, the property occupies a highly visible position along North Neil Street and benefits from strong surrounding retail fundamentals, including nearby Target, Walmart Supercenter, Costco, Kohl’s, Best Buy, Aldi, and numerous national retailers that drive consistent consumer traffic to the corridor.
Located approximately 135 miles south of Chicago, Champaign serves as the economic, educational, and healthcare hub of Central Illinois. Anchored by the University of Illinois Urbana-Champaign, with more than 56,000 enrolled students and a research enterprise exceeding $900 million annually, Heartland Dental offers investors the opportunity to acquire a well-located healthcare asset leased to an industry-leading operator in one of Illinois’ most stable and resilient university-driven markets.