Aspen Dental

The Snyder Carlton National Net Lease Team is pleased to offer investors the opportunity to acquire an Aspen Dental in Washington, MO. Aspen Dental operates over 1,100 dental offices across 45 states with over 3,000 dental experts and over 10 million customers served.

The net lease was recently extended, demonstrating the tenant’s success at this location and their commitment to this market. With 3.6 lease years remaining in the primary term, three 5-year option periods, 10% rent increases every 5 years and limited landlord responsibility, this asset is ideal for an investor seeking passive cashflows. The 3,500 SF building was constructed in 2015, is positioned on a 0.5-acre parcel and is located along Missouri Highway 100, which sees over 25,600 VPD. Additionally, the subject property is an outparcel to Phoenix Center II, a 435,000 SF community center anchored by Target, Kohl’s and Dick’s Sporting Goods. Other nearby retailers include Lowe’s Home Improvement, Walmart Supercenter, Schnucks, ALDI, Michaels, PetSmart, Walgreens, CVS Pharmacy, McDonald’s, Starbucks, Panera Bread, Taco Bell and more.

Don’t miss out on this opportunity to purchase a net leased Aspen Dental in the Saint Louis MSA (population exceeding 2.8 million) with a recently extended lease, 15 years in option periods and limited landlord responsibilities providing stable revenue for years to come.

Available