Single-Tenant Office Medical
Aspen Dental | 10 Years Remain | High Traffic Location
5160 W Main St, Kalamazoo, MI 49009
Listing Price: $2,641,333
Investment Overview
The Tenant, Aspen Dental Management, Inc., is subject to a 10-year corporate lease that features 10 percent rental increases every five years during the base term and three, five-year option periods providing an excellent hedge against inflation. The Tenant will operate in a 3,962-square-foot retrofit of a former restaurant. Aspen Dental is the fastest-growing network of independently owned dental practices with more than 1,000 locations nationwide.
Single-Tenant Office Medical
Aspen Dental | 10 Years Remain | High Traffic Location
Listing Price: $2,641,333
Investment Highlights
- New 10-Year Corporate Lease with 10% Increases Every 5 Years
- College Town location; Near Western Michigan University with 16,643 Students
- High Traffic Interchange Location with 30,156 VPD
Investment Overview
The Tenant, Aspen Dental Management, Inc., is subject to a 10-year corporate lease that features 10 percent rental increases every five years during the base term and three, five-year option periods providing an excellent hedge against inflation. The Tenant will operate in a 3,962-square-foot retrofit of a former restaurant. Aspen Dental is the fastest-growing network of independently owned dental practices with more than 1,000 locations nationwide.
