Aspen Dental,Starbucks - NNN Net Lease Property for Sale
Mount Pleasant, TX
Key Investment Metrics
Price
$5,750,000
Cap Rate
5.4%
Net Operating Income
$310,831
Building Size
3340 SF
Lot Size
5,500 SF
Land Area
0.82 Acres
Year Built
2019
Occupancy
100%
Tenancy
Single
Rent Increases
4.00% Increase in 2029, 6.45% Increase in First Option, 8.00% Increase in Options Thereafter
About This Aspen Dental Net Lease Property
This Aspen Dental NNN (triple net lease) property is located in Mount Pleasant, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 3340 square feet of building space and was built in 2019.
With a cap rate of 5.4%, this Aspen Dental net lease property offers stable income potential. The asking price is $5,750,000, 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.
Mount Pleasant, TX Market Overview
Located in Mount Pleasant, TX, this Aspen Dental property benefits from strong local demographics and market fundamentals. The Mount Pleasant area offers excellent visibility and accessibility, making it an ideal location for Aspen Dental operations and a solid investment for net lease property buyers.