Aspen Dental
Retail | 5.35% CAP | 3,500 SF
Marketing description
We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a brand-new construction, 10 year net leased investment, occupied by Aspen Dental corporate with 10% rental increases every 5 years and 2, 5 year options. The subject property is well positioned as an outparcel to the 175,000 SF Stonecreek Village Shopping Center (Lifestyle Center) and benefits from its hard corner signalized intersection location at Pacific Ave and Robinhood Dr which sees over 42,200 VPD. Additionally, directly across from the property is San Joaquin Delta College (18,000+ students) with University of the Pacific (6,000+ Students) within 1.5 miles. Nearby retailers include Macy’s, Target, Sprouts, HomeGoods, Best Buy, Walgreens, In-N-Out Burger, Panera Bread, Raising Cane’s, McDonald’s and more; making this one of the area’s most dynamic and visited retail destinations. This is an excellent opportunity to purchase a brand-new single tenant net lease investment, with long term stable cash flow, located near major retail traffic generators and minimal landlord responsibilities.
Investment highlights
New 10 Yr. NN Corporate Lease by Aspen Dental - Over 900+ Locations across U.S.
High Profile Outparcel to Stone Creek Village/Sherwood Mall - Dick’s/Petco/Best Buy
Best in Class Brand - One of the Largest Private Dental Tenants in Country
City won The All-America City Award (the National Civic League) - Affluent Bay Area
New 2022 Prototype Construction - Minimal LL Duties with Long Term Roof Warranty
Main Retail Trade Area Surrounded by Major Anchors - Near Delta College
Internet Resistant Service Use - Dense Residential Infill - Rare Central California Asset
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