Single-Tenant Office Medical
Aspen Dental
964 Lynn Rd SW, Hutchinson, MN 55350
Listing Price: $2,060,000
Cap Rate
6.50%
Tenant Name
Aspen Dental
Years Remaining On Lease
5.7
Gross SF
3,500
Guarantor
Corporate Guarantee
Rentable SF
3,500
Price/Gross SF
$588.57
Lease Type
Double Net
Rent Per Square Feet
$38.23
Investment Overview
Marcus & Millichap is pleased to present this net leased Aspen Dental. The property was built-to-suit for Aspen Dental in 2015 and the tenant just extended the lease by another five years. The lease is double net with a corporate guarantee.
Investment Highlights
- Built-to-Suit in 2015 and Tenant Just Extended Five Years
- Double Net Lease Through 2/28/2031
- Two Five-Year Options with Rent Increases (8 Percent then 10 Percent)
- Corporate Guarantee – Over 1,100 Locations
- +/- 0.56 Acre Corner Lot with Great Visibility
Exclusively Listed By
Financing By
Listing Price: $2,060,000
Cap Rate
6.50%
Tenant Name
Aspen Dental
Years Remaining On Lease
5.7
Gross SF
3,500
Guarantor
Corporate Guarantee
Rentable SF
3,500
Price/Gross SF
$588.57
Lease Type
Double Net
Rent Per Square Feet
$38.23
Investment Highlights
- Built-to-Suit in 2015 and Tenant Just Extended Five Years
- Double Net Lease Through 2/28/2031
- Two Five-Year Options with Rent Increases (8 Percent then 10 Percent)
- Corporate Guarantee – Over 1,100 Locations
- +/- 0.56 Acre Corner Lot with Great Visibility
Investment Overview
Marcus & Millichap is pleased to present this net leased Aspen Dental. The property was built-to-suit for Aspen Dental in 2015 and the tenant just extended the lease by another five years. The lease is double net with a corporate guarantee.
Exclusively Listed By
Financing By

