2432 Jeffress Rd - Freestanding FOR SALE


Mills River, NC 28759
$3,840,000 USD
980-498-3293
2432 Jeffress Rd, Mills River, NC for Sale
$3,840,000 USD
Freestanding - FOR SALE
1/6
null | 5.25% Cap Rate

2432 Jeffress Rd
Mills River, NC 28759


HIGHLIGHTS

  • BRAND NEW 2026 CONSTRUCTION | STRUCTURED RENT GROWTH
  • AFFLUENT ASHEVILLE MSA TRADE AREA | $125K AHHI WITHIN 3 MILES
  • NECESSITY-BASED HEALTHCARE FORMAT | RECESSION-RESILIENT

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,840,000 USD

PRICE/SF

$914 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental | Asheville, NC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C

APN/PARCEL ID

9631695618

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.