Aspen Dental - Freestanding FOR SALE


Stockton, CA 95207
$3,000,000 USD
949-903-3399
Aspen Dental, Stockton, CA for Sale
$3,000,000 USD
Freestanding - FOR SALE
1/5
null | 5.37% Cap Rate

Aspen Dental
Stockton, CA 95207


HIGHLIGHTS

  • New 10 Yr. NN Corporate Lease by Aspen Dental - Over 900+ Locations across U.S.
  • High Profile Outparcel to Stone Creek Village/Sherwood Mall - Dick’s/Petco/Best Buy
  • Best in Class Brand - One of the Largest Private Dental Tenants in Country
  • City won The All-America City Award (the National Civic League) - Affluent Bay Area
  • New 2022 Prototype Construction - Minimal LL Duties with Long Term Roof Warranty
  • Main Retail Trade Area Surrounded by Major Anchors - Near Delta College

OVERVIEW

We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a brand-new construction, 10 year net leased investment, occupied by Aspen Dental corporate with 10% rental increases every 5 years and 2, 5 year options. The subject property is well positioned as an outparcel to the 175,000 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) with University of the Pacific (6,000+ Students) within 1.5 miles. Nearby retailers include Macy’s, Target, Sprouts, HomeGoods, Best Buy, Walgreens, In-N-Out Burger, Panera Bread, Raising Cane’s, McDonald’s and more; making this one of the area’s most dynamic and visited retail destinations. This is an excellent opportunity to purchase a brand-new single tenant net lease investment, with long term stable cash flow, located near major retail traffic generators and minimal landlord responsibilities.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$857 USD /SF

CAP RATE

5.37%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trophy Aspen Outparcel- Main & Main

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Drug Store, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,917 SF

ZONING

-

APN/PARCEL ID

108-130-23

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.