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950 High St
Wadsworth, OH 44281
Heartland Dental - Wadsworth, OH · Office Property For Sale


Investment Highlights
- NATION’S LARGEST DENTAL SUPPORT ORGANIZATION
- MEDINA COUNTY
- PURPOSE-BUILT DENTAL FACILITY
- INDUSTRY-LEADING SCALE & MARKET POSITION
- STEADY LONG-TERM POPULATION GROWTH
- NORTHEAST OHIO REGIONAL CONNECTIVITY
Executive Summary
Atlantic Capital Partners has been exclusively engaged to offer for sale Heartland Dental, a 4,903-square-foot net leased medical asset located at 950 High Street in Wadsworth, Ohio. The property is leased to Heartland Dental, LLC, the nation’s largest dental support organization, under a corporate-guaranteed NN lease with approximately 4.2 years of remaining primary term. The lease features attractive 10% rental increases every five years throughout the renewal options, providing investors with contractual income growth and long-term cash flow visibility. Constructed in 1974 as a purpose-built dental facility, the property occupies a highly visible position along High Street(State Route 94), Wadsworth’s primary commercial corridor, which carries approximately 26,600 vehicles per day. The asset benefits from strong surrounding retail fundamentals, including nearby Walmart Supercenter, Aldi, Starbucks, McDonald’s, Wendy’s, Home Depot, and numerous national retailers that drive consistent consumer traffic to the corridor. Located approximately 12 miles southwest of Akron and 38 miles south of Cleveland, Wadsworth is one of Northeast Ohio’s most desirable suburban communities and serves as a major residential and service hub within affluent Medina County. Supported by strong household incomes, continued residential growth, and convenient access to the broader Akron-Cleveland metropolitan area, Heartland Dental offers investors the opportunity to acquire a well-located healthcare asset leased to an industry-leading operator in one of Ohio’s strongest suburban markets.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
4,903 SF
Building Class
C
Year Built
1974
Price
$2,056,000
Price Per SF
$419.34
Cap Rate
7.50%
NOI
$154,236
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,903 SF
Building FAR
0.14
Lot Size
0.79 AC
Property Taxes
| Parcel Number | 040-20A-04-049 | Improvements Assessment | $718,170 |
| Land Assessment | $93,040 | Total Assessment | $811,210 |
Property Taxes
Parcel Number
040-20A-04-049
Land Assessment
$93,040
Improvements Assessment
$718,170
Total Assessment
$811,210
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