Aspen Dental | 2513 James L Redman Pky
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Aspen Dental 2513 James L Redman Pky
3,876 SF 4-Star Retail Building Plant City, FL 33566 $2,654,000 ($685/SF) 5.75% Cap Rate
Investment Highlights
- • Excellent visibility from James L. Redman Pkwy
- • Center is located along one of the major retail corridors in the market
- • High traffic counts of 26,328 ADT
Executive Summary
• Net Lease
• Aspen Dental leases are Corporately guaranteed
• 10 Year Initial Term through 1/31/28
• Aspen Dental operates 1,000 locations
• One of the largest Healthcare Retailers in the country
• 10% Rent escalations in years 6-10
• Landlord Responsibilities:
• Roof, Structure
• Three 5-year options
• 10% Rent escalations in every option
• Aspen Dental leases are Corporately guaranteed
• 10 Year Initial Term through 1/31/28
• Aspen Dental operates 1,000 locations
• One of the largest Healthcare Retailers in the country
• 10% Rent escalations in years 6-10
• Landlord Responsibilities:
• Roof, Structure
• Three 5-year options
• 10% Rent escalations in every option
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,876 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Price
$2,654,000
Price Per SF
$685
Cap Rate
5.75%
NOI
$152,625
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.54 AC
Zoning
PD - Professional Service Building
Parking
32 Spaces (8.26 Spaces per 1,000 SF Leased)
Frontage
80 FT on James L Redman Parkway
Amenities
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | P-05-29-22-39Z-000004-00004.4 | Improvements Assessment | $910,525 |
| Land Assessment | $296,675 | Total Assessment | $1,207,200 |
PROPERTY TAXES
Parcel Number
P-05-29-22-39Z-000004-00004.4
Land Assessment
$296,675
Improvements Assessment
$910,525
Total Assessment
$1,207,200
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Aspen Dental | 2513 James L Redman Pky
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