Aspen Dental | 8+yrs Remain Corp NNN 1421 W Airline Hwy

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, newly built, corporate signed, Aspen Dental investment property located in LaPlace, LA (New Orleans MSA). The tenant, Aspen Dental Management, Inc., recently signed a brand new 10-year lease with 3 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. The building, which opened in April 2023, features a state-of-the-art design using high quality materials. Founded in 1994, Aspen Dental is among the largest general dentistry and denture-related services with over 1,000 locations nationwide.