Single-Tenant Office Medical
Aspen Dental | New 10-Yr. Lease
1421 W Airline Hwy, LaPlace (New Orleans MSA), LA 70068
Listing Price: $2,683,000
Cap Rate
6.00%
Tenant Name
Aspen Dental
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
3,500
Lease Type
Double Net
Rent Per Square Feet
$46.00
Investment Overview
Marcus & Millichap is pleased to present the Aspen Dental in LaPlace, LA.
Aspen Dental | New 10-Yr. Lease
Investment Highlights
- 10-Year Lease with 8% Increases Every 5 Years, Minimal Landlord Responsibilities
- Corporate Guaranty, Over 1,100 Locations in 45 States and $3+ Billion in Revenue
- Aspen Dental Served Over 8 Million Patients in 2022, Largest/Fastest-Growing Network of Branded Dental Practices in the U.S.
- Brand New High-Quality Construction, Tenant Made Significant Capital Investment Towards Building Out the Space
- Serving Over 56,593 Residents in Growing New Orleans Suburb, 25 Miles West of Downtown New Orleans
- Average Household Income Exceeds $78,000 within 3 Miles
- Strategic Location, Closest Aspen Dental Practice is Over 20 Miles Away
- Highly Visible to More Than 36,000 Cars/Day Along Major Commercial Artery, Direct Access to New Orleans
Exclusively Listed By
Financing By
Single-Tenant Office Medical
Aspen Dental | New 10-Yr. Lease
Listing Price: $2,683,000
Cap Rate
6.00%
Tenant Name
Aspen Dental
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
3,500
Lease Type
Double Net
Rent Per Square Feet
$46.00
Investment Highlights
- 10-Year Lease with 8% Increases Every 5 Years, Minimal Landlord Responsibilities
- Corporate Guaranty, Over 1,100 Locations in 45 States and $3+ Billion in Revenue
- Aspen Dental Served Over 8 Million Patients in 2022, Largest/Fastest-Growing Network of Branded Dental Practices in the U.S.
- Brand New High-Quality Construction, Tenant Made Significant Capital Investment Towards Building Out the Space
- Serving Over 56,593 Residents in Growing New Orleans Suburb, 25 Miles West of Downtown New Orleans
- Average Household Income Exceeds $78,000 within 3 Miles
- Strategic Location, Closest Aspen Dental Practice is Over 20 Miles Away
- Highly Visible to More Than 36,000 Cars/Day Along Major Commercial Artery, Direct Access to New Orleans
Investment Overview
Marcus & Millichap is pleased to present the Aspen Dental in LaPlace, LA.
Exclusively Listed By
Financing By
