Property summary
This exceptional investment opportunity presents a single-tenant, 8,400 square foot dental office building in Cookeville, Tennessee, leased to Heartland Dental, the nation's largest dental support organization. The property, built in 2010 and situated on a 0.4-acre lot at 121 S Washington Ave, boasts a strong corporate guarantee and a 6.75% cap rate based on a Net Operating Income (NOI) of $158,071. The lease, structured as a NNN (Triple Net) agreement, features annual rent bumps tied to the… greater of 2% or the CPI, providing inflation protection. Heartland Dental has occupied the building since 2019, with 4.3 years remaining on the initial 10-year lease term and four additional 5-year renewal options at fair market value. The tenant is responsible for all expenses except roof and structural maintenance. This investment offers a stable, long-term income stream with a highly reputable national tenant and significant upside potential through lease escalations and renewal options. The 100% occupancy rate and the tenant's commitment to the location, evidenced by their 2019 acquisition of the practice, further solidify this investment's attractiveness. The property's location in Cookeville, Putnam County, TN, 38501, ensures convenient access and strong market presence. This is a rare opportunity to acquire a high-quality, net-leased property with a proven track record and significant long-term growth potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
- Local Zoning Insight