$3,990,000
Aspen Dental Shopping Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 8,400
Net Rentable (SqFt) 8,400
Units 4
Cap Rate 6.52%
NOI $260,174
Occupancy 100%
Tenancy Multi
Brand/Tenant Aspen Dental, AT&T
Lease Type NNN
Rent Bumps Yes
Price per SqFt $475
Broker Co-Op Yes
Buildings 1
Stories 1
Acreage 1.060
Parking Spaces 50 spaces
Parking Per SqFt 5.95
Investment Type Net Lease
Tenant Credit Credit Rated, Franchisee
Ground Lease No
Sale Condition N/A
Retail | 6.52% CAP | 8,400 SqFt
Marketing description
Walmart Supercenter shadowed strip center with excellent building conditions (constructed in 2017 );
Great national tenants (very stable income): Aspen Dental, AT&T and OneMain Financial;
All tenants on NNN leases with tenants paying property tax, insurance, CAM and management costs;
Long term leases with rental increase upon renewal.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$260,174.00
$21,681.17/mo
Valuation Metrics
0
DSCR
6.52%
Cap Rate
6.52%
ROI
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