Aspen Dental | 1302 Scotland Crossing Dr
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Aspen Dental 1302 Scotland Crossing Dr
3,500 SF Office Building Laurinburg, NC 28352 $2,888,000 ($825/SF) 6% Cap Rate
Investment Highlights
- Brand new 10-year net lease to a strong corporate tenant
- Aspen Dental practices are the fastest-growing network of independently owned dental practices in the country
- New 2024 construction, high-quality site built to the latest Aspen Dental prototype
- Aspen Dental is one of the largest Dental brands in the U.S. with over 1,000 locations across the nation with annual revenues of over $750 million
- A new Aspen Dental practice opens every week
Executive Summary
This Aspen Dental location in Laurinburg is strategically located along U.S. Highway 74, providing direct access to larger metropolitan areas like Charlotte and Wilmington, NC. Highway 74 connects Laurinburg to I-95, facilitating easy travel to Fayetteville and the broader East Coast corridor. The presence of Scotland High School and St. Andrews University provides additional potential clients, including students in need of convenient, affordable dental care. Laurinburg’s location along major highways offer easy access for patients from surrounding rural areas, expanding the potential client base. The city’s underserved dental market presents a prime opportunity for a new practice to quickly establish itself and attract loyal patients.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built
2024
Price
$2,888,000
Price Per SF
$825
Cap Rate
6%
NOI
$173,250
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,500 SF
Building FAR
0.07
Lot Size
1.08 AC
Parking
39 Spaces (11.14 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 01-0020-A-01-003 | Improvements Assessment | $232,850 |
| Land Assessment | $215,620 | Total Assessment | $448,470 |
PROPERTY TAXES
Parcel Number
01-0020-A-01-003
Land Assessment
$215,620
Improvements Assessment
$232,850
Total Assessment
$448,470
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Aspen Dental | 1302 Scotland Crossing Dr
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