Investment Highlights
- 6 Years on Base Term
- 2018 Construction
- Situated Next to a Very Busy McDonald’s Restaurant
- Outparcel to a Busy Sam’s Wholesale Club and
Next to a Walmart Supercenter
The build-out cost for an Aspen Dental is very expensive ($250/SF in TI alone), and this property was built in 2018 with a 10-year lease. As an outparcel to Sam’s Club anchored shopping center, it also has excellent suburban retail real estate fundamentals. It’s hard to find a net lease deal with this strong of credit at such a high cap rate.
