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| Price $3,000,000 | Built/Renov 2022 | Tenant Aspen Dental |
| Cap Rate 5.37% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
3,500
| Lease Start
07-01-2022
| #Units
1,029
|
| Price/SF $857.14 | Expiration
09-30-2032
| Tenant Type Medical/Health |
| NOI $161,000 | R. Term 7.9 | Ownership Fee Simple |
| Rent/SF
$46.00
| Increases 10.0%/4/yrs | Pop 5Mi 293,541 |
| Lot/AC 0.13 | Options 2/5yrs/10% | AHHI 5Mi $78,998 |
| | |
The subject property is well positioned as an outparcel to the 95,000 SF Stonecreek Village Shopping Center (Lifestyle Center) and benefits from its hard corner signalized intersection location at Pacific Ave and Robinhood Dr which sees over 42,200 VPD. Additionally, directly across from the property is San Joaquin Delta College (18,000+ students) as well as major retailers such as HomeGoods,...
...New construction
Signalized intersection
Hard corner intersection
Shopping Ctr out-parcel
University college close
Dense 200M+ pop 5 mi
Top 100 MSA
Brand new lease
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 | |
| 2028 Total Population : | 21,302 | 189,658 | 305,892 |
| 2023 Total Population : | 21,091 | 187,314 | 300,562 |
| 2023 Employed Civilian Pop : | 8,334 | 77,351 | 123,760 |
| 2023 Total Businesses : | 1,353 | 5,494 | 9,116 |
| 2023 Average Household Income : | $ 76,118 | $ 93,480 | $ 95,136 |
| 2023 Total Consumer Spending : | $ 510 M | $ 5090 M | $ 7898 M |
| 2023 Median Age : | 35 | 34 | 34 |
| 2023 Total Households : | 7,647 | 62,615 | 95,568 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,922 | 15,933 | 25,263 |
| 2023 Average Home Value : | $ 469,006 | $ 492,170 | $ 502,696 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Robinhood Dr | N Pacific AveFron Rd | 2014 | 12,900 | 0.09 mi |
| Pacific Ave | W Longview Ave | 2014 | 42,200 | 0.12 mi |
| Pacific Ave | W Robinhood Dr | 2015 | 33,042 | 0.14 mi |
| W Swain Rd | Dante St | 2014 | 9,400 | 0.27 mi |
| W Robinhood Dr | Claremont Ave | 2014 | 9,400 | 0.34 mi |
| W Yokuts Ave | Claremont Ave | 2014 | 8,900 | 0.35 mi |
| Claremont Ave | W Yorkshire Dr | 2014 | 5,200 | 0.38 mi |
| Pacific Ave | W Yokuts Ave | 2014 | 32,100 | 0.43 mi |
| W Swain Rd | Alturas Ave | 2014 | 13,300 | 0.43 mi |
| Pacific Ave | Porter Ave | 2014 | 38,100 | 0.46 mi |
Panama City Beach, FL
Cap Rate 5.90%
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R. Term 8.10 yrs
Size/SF 3,600
La Porte, IN
Cap Rate 6.35%
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Bradenton, FL
Cap Rate 5.95%
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Size/SF 4,069
Concord, NC
Cap Rate 5.85%
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Longwood, FL
Cap Rate 6.00%
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Tucson, AZ
Cap Rate 5.90%
Lease Abs NNN
R. Term 3.10 yrs
Size/SF 9,369
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
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
