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| Price $2,655,000 $2,905,000 | Built/Renov 1995 | Tenant Aspen Dental |
| Cap Rate 5.91% 5.40% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
3,827
| Lease Start
03-16-2021
| #Units
1,029
|
| Price/SF $693.75 $759.08 | Expiration
06-30-2031
| Tenant Type Medical/Health |
| NOI $156,907 | R. Term 6.1 | Ownership Fee Simple |
| Rent/SF
$41.00
| Increases 10.0%/4/yrs | Pop 5Mi 335,683 |
| Lot/AC 0.57 | Options 3/5yrs/10% | AHHI 5Mi $109,693 |
| | |
The subject property is positioned on a pad site in front of Walmart Supercenter and Best Buy and is across the street from the Westminster City Center Mall. This Aspen Dental is located on a hard corner signalized intersection of Sheridan Blvd and 9400 North which sees a combined 51,800+ VPD. Nearby retailers include Office Depot, Designer Shoe Warehouse, Barnes & Noble, Five Below, and...
...Signalized intersection
Hard corner intersection
High traffic 50M+ VPD
Dense retail corridor
WalMart out-parcel
Strong tenant synergy
Affluent AHHI $100K 5 Mi
Favorable NN+ lease
Corporate Guarantee
Aspen Dental is the largest group of branded dental offices in the world. Aspen Dental is a full-service dental provider offering a wide range of services, including clear aligners,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 12,412 | 146,901 | 343,710 |
| 2022 Total Population : | 12,129 | 144,958 | 338,807 |
| 2022 Employed Civilian Pop : | 7,327 | 81,112 | 188,014 |
| 2022 Total Businesses : | 502 | 3,239 | 10,276 |
| 2022 Average Household Income : | $ 120,997 | $ 106,950 | $ 109,631 |
| 2022 Total Consumer Spending : | $ 496 M | $ 5148 M | $ 12190 M |
| 2022 Median Age : | 40 | 38 | 37 |
| 2022 Total Households : | 4,802 | 56,193 | 129,833 |
| 2022 Pop Age 25+: Bachelor's Degree : | 2,437 | 22,781 | 52,725 |
| 2022 Average Home Value : | $ 452,913 | $ 404,315 | $ 430,514 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Sheridan Blvd | Yates St | 2016 | 34,411 | 0.07 mi |
| SHERIDAN BD | W 96th Ave | 2019 | 52,000 | 0.12 mi |
| Sheridan Blvd | W 92nd Ave | 2018 | 46,070 | 0.16 mi |
| Yates St | Sheridan Blvd | 2018 | 4,189 | 0.22 mi |
| W 92nd Ave | Sheridan Blvd | 2018 | 26,538 | 0.28 mi |
| 92ND AV | Denver Boulder Tpke | 2019 | 33,000 | 0.28 mi |
| W 92nd Ave | Sheridan Blvd | 2018 | 30,240 | 0.30 mi |
| West 92nd Avenue | Yates St | 2019 | 30,673 | 0.31 mi |
| Sheridan Boulevard | Yates St | 2018 | 39,760 | 0.33 mi |
| Sheridan Boulevard | W 92nd Ave | 2018 | 48,911 | 0.35 mi |
Panama City Beach, FL
Cap Rate 5.90%
Lease NN+
R. Term 8.10 yrs
Size/SF 3,600
North Aurora, IL
Cap Rate 6.25%
Lease NN+
R. Term 8.90 yrs
Size/SF 3,756
Kernersville, NC
Cap Rate 6.00%
Lease NN+
R. Term 7.50 yrs
Size/SF 4,200
Longwood, FL
Cap Rate 6.00%
Lease NN+
R. Term 8.10 yrs
Size/SF 5,826
Concord, NC
Cap Rate 5.85%
Lease NN+
R. Term 7.90 yrs
Size/SF 4,262
Lincoln, AL
Cap Rate 6.35%
Lease NN+
R. Term 13.00 yrs
Size/SF 3,726
Jacksonville, AL
Cap Rate 6.35%
Lease NN+
R. Term 14.20 yrs
Size/SF 3,726
Rapid City, SD
Cap Rate 6.25%
Lease NN+
R. Term 9.10 yrs
Size/SF 3,540
Blue Springs, MO
Cap Rate 6.15%
Lease NN+
R. Term 9.10 yrs
Size/SF 4,200
La Porte, IN
Cap Rate 6.35%
Lease NN+
R. Term 14.60 yrs
Size/SF 3,726
Corbin, KY
Cap Rate 6.35%
Lease NN+
R. Term 13.30 yrs
Size/SF 3,726
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
