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Single-Tenant Office Medical

Aspen Dental | New 10-Yr. Lease

1812 E State Rd 60, Suite 200, Valrico, FL 33594

Listing Price: $2,700,000

Cap Rate
5.00%
Tenant Name
Aspen Dental
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
3,750
Lease Type
Double Net
Rent Per Square Feet
$36.00

Investment Overview

Marcus & Millichap is pleased to present the Aspen Dental in Valrico, FL.

Investment Highlights

  • New 10-Year Lease with 8% Increases Every 5 Years, Minimal Landlord Responsibilities
  • Corporate Guaranty by Aspen Dental Management, Inc., Over 1,100 Locations in 45 States and $3+ Billion in Patient Care Revenue
  • Aspen Dental Served Over 8 Million Patients in 2021, Largest/Fastest-Growing Network of Branded Dental Practices in the U.S.
  • Brand New High-Quality Construction, Tenant Made Significant Capital Investment in Dental Office Buildout
  • Infill Location Just East of Downtown Tampa, Over 200,000 Residents in Primary Trade Area
  • One of the Fastest Growing Suburban Communities on the Florida Gulf Coast
  • Average Household Income Exceeds $93,000 within 3 and 5 Miles, Surrounded by Affluent Neighborhoods
  • Highly Visible to Over 58,500 Cars/Day Along Major Commercial Artery, Easy Access to I-75 with 92,500 Cars/Day

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Single-Tenant Office Medical

Aspen Dental | New 10-Yr. Lease

Listing Price: $2,700,000

Cap Rate
5.00%
Tenant Name
Aspen Dental
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
3,750
Lease Type
Double Net
Rent Per Square Feet
$36.00

Investment Highlights

  • New 10-Year Lease with 8% Increases Every 5 Years, Minimal Landlord Responsibilities
  • Corporate Guaranty by Aspen Dental Management, Inc., Over 1,100 Locations in 45 States and $3+ Billion in Patient Care Revenue
  • Aspen Dental Served Over 8 Million Patients in 2021, Largest/Fastest-Growing Network of Branded Dental Practices in the U.S.
  • Brand New High-Quality Construction, Tenant Made Significant Capital Investment in Dental Office Buildout
  • Infill Location Just East of Downtown Tampa, Over 200,000 Residents in Primary Trade Area
  • One of the Fastest Growing Suburban Communities on the Florida Gulf Coast
  • Average Household Income Exceeds $93,000 within 3 and 5 Miles, Surrounded by Affluent Neighborhoods
  • Highly Visible to Over 58,500 Cars/Day Along Major Commercial Artery, Easy Access to I-75 with 92,500 Cars/Day

Investment Overview

Marcus & Millichap is pleased to present the Aspen Dental in Valrico, FL.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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