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
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***
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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