Aspen Dental- New Build (10-yr Net Lease)

3,635 SF | Retail Building | Lincoln, CA 95648 | $3,888,888 ($1,070/SF) | 4.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,888,888

Property Type
Retail, Restaurant
Square Feet
3,635 SF
Price / Square Foot
$1,070

Listing Contacts

Joshua Volen
Joshua Volen
Verified Profile
Nick Davidson
Verified Profile
  • Property Info

Property Overview

CALL/TEXT NICK...(916) 218-9978.
CIRE Partners is pleased to present this brand-new, free-standing Aspen Dental prototype on a 10-year net lease. The highly visible property is ideally positioned adjacent to In-N-Out Burger at the primary ingress to the thriving Lincoln Crossing Marketplace. The 400,000 SF power center boasts nearly 100% occupancy and is anchored by Target, Home Depot, TJ Maxx, Ulta, and Sprouts.
Aspen Dental accepted the building in cold shell condition and invested over $750,000 in tenant improvements. This is a testament to Aspen Dental’s long-term intentions for the subject property.
Lincoln, CA is a master-planned community in Placer County- among the Sacramento MSA’s most affluent and desirable areas. Average household income exceeds $124,000 (5-mile radius). In addition to healthy household income, more than 19,000 homes are proposed, planned, or under construction (5-mile radius).
***LISTING AGENT HAS OWNERSHIP INTEREST IN SUBJECT PROPERTY***

Property Details

Class
B
Year Built
2023
Stories
1
Property Subtype
Freestanding, Medical
Lot Size (sq. ft)
41,818 SF

Highlights

  • Brand New Aspen Dental (1000+ locations)- 10-year Net Lease
  • Out-Parcel to beautiful Target, Home Depot, TJ Maxx, and In-N-Out
  • Affluent ($124,000+ Average Household Income) & Growing Demographics (19,000+ homes proposed, planned, or under construction)

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