x
By submitting, you're allowing YAFC Team to email you regarding available listings. You can unsubscribe anytime.

x

Contact Us

x

Aspen Dental, Ocala, FL

Aspen Dental

Ocala, FL

Price $3,286,000
Cap Rate 5.25%
NOI $172,500
Lease Term 10 Years
Lease Type Net, With Tenant Responsible For All Taxes, Insurance, And Maintenance, Excluding Roof And Structure
Rental Increases 10% Rental Increases Every Five (5) Years
Year Built 2022
Building Size 3,750 SF
Lot Size 0.78 Acres (33,977 SF)
Status Available
Lead Broker Information Vincent Aicale
Executive Managing Director
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Michael T. Yuras, CCIM
Vice Chairman
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Ryan Forsyth
Executive Managing Director
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Scott Crowle
Executive Managing Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Investment Highlights

10-YEAR NET LEASE TO FAST-GROWING HEALTHCARE TENANT
» Aspen Dental operates over 939 locations in 43 states
» Aspen Dental is the fastest-growing network of independently owned dental practices in the United States
» 10-year net lease to Aspen Dental with 10% rental increases every five years
» New 2022 construction built to Aspen Dental’s latest prototype
» Located in an income tax free state

PROMINENT LOCATION IN GROWING FLORIDA SUBURB
» Strategically located along Ocala’s primary retail corridor on State Route 200, with access to 42,000 vehicles per day
» Proximity to major Florida thoroughfares, including Interstate 75 (91,400 AADT)
» Surrounded by high-density, single family housing developments and large townhouse complexes with State Route 200 carrying immense amounts of commuters to and from Ocala
» 48,541 residents live within a five-mile radius of the location with projected population increase over the next five years
» Projected population and income increase within 1-, 3-, and 5-mile radii over the next five years, poising Aspen Dental and Ocala for steady concurrent growth

SURROUNDED BY MAJOR ECONOMIC DRIVERS AND OCALA COMMUNITY HUBS
» Across the street from a Walmart Supercenter-anchored shopping center, significantly increasing traffic to the site
» Within 10 minutes of strong mix of local and national retailers, including Walmart Neighborhood Market, Lowe’s, ALDI, Publix, McDonald’s, Starbucks, and more
» Central location near Florida’s largest cities, Jacksonville, Orlando, and Tampa (all within a 120-mile radius)
» Surrounded by Ocala’s largest community hubs and economic drivers, including Ross Prairie Campground, The Preserve Golf Club, and Rainbow Springs State Park


Property Description

This Aspen Dental is strategically located along Ocala’s primary retail corridor on State Route 200, with access to 42,000 vehicles per day. The site maintains proximity to major Florida thoroughfares, including Interstate 75 (91,400 AADT). The location is surrounded by high-density, single family housing developments and large townhouse complexes, with State Route 200 carrying immense amounts of commuters to and from Ocala. 48,541 residents live within a five-mile radius of the location. This Aspen Dental and Ocala are poised for concurrent growth, with projected population and income increase within 1-, 3-, and 5-mile radii over the next five years.

The property is surrounded by major economic drivers and Ocala community hubs. The site is across the street from a Walmart Supercenter-anchored shopping center, significantly increasing traffic to the location. The property is located within a dense Florida retail corridor, and is within 10 minutes of strong mix of local and national retailers, including Walmart Neighborhood Market, Lowe’s, ALDI, Publix, McDonald’s, Starbucks, and many more. The location is near Ross Prairie Campground, The Preserve Golf Club, and Rainbow Springs State Park. The site is also centrally located near Florida’s largest cities, with Jacksonville, Orlando, and Tampa all within a 120-mile radius.

Contact Us About This Property


JOIN OUR
EMAIL LIST
SUBSCRIBE
Receive Our Latest Single and Multi-Tenant Listings
close-link