Aspen Dental - Net Lease Property for Sale
Noblesville, IN
Key Investment Metrics
Price
$3,149,594
Cap Rate
6.2%
Net Operating Income
$193,700
Building Size
3725 SF
Lot Size
3,725 SF
Remaining Term
9 years
Lease Expiration
12/31/2034
Lease Term
10 years
Lease Commencement
12/17/2024
Lease Type
NN+
Tenant Credit
Corporate Guarantee
Year Built
1998
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Aspen Dental Net Lease Property
This Aspen Dental NNN (triple net lease) property is located in Noblesville, IN and represents an excellent investment opportunity for commercial real estate investors. The property features 3725 square feet of building space and was built in 1998.
With a cap rate of 6.2%, this Aspen Dental net lease property offers stable income potential. The asking price is $3,149,594, making it an attractive option for 1031 exchange investors seeking quality Aspen Dental commercial properties.
Why Invest in Aspen Dental NNN Properties?
- Stable Income: Aspen Dental net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Aspen Dental is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Noblesville, IN Market Overview
Located in Noblesville, IN, this Aspen Dental property benefits from strong local demographics and market fundamentals. The Noblesville area offers excellent visibility and accessibility, making it an ideal location for Aspen Dental operations and a solid investment for net lease property buyers.