INVESTMENT OFFERING
SAB Capital is pleased to present Aspen Dental in Sicklerville, NJ, 17 Miles Southeast of Philadelphia. The lease features a double-net (NN) structure with 10% escalations every 5 years. The subject property boasts strong location fundamentals being less than 1 mile from the Atlantic City Expressway that sees 25,365 vehicles per day. Aspen Dental recently signed a brand new 10-year lease.
- Aspen Dental in Sicklerville, NJ | 17 Miles Southeast of Philadelphia
- Minimal Landlord Responsibilities | Double Net (NN) Lease Structure
- Structured Hedge Against Inflation | 10% Increases Every 5 Years
- Robust Local Population Growth | 6.2% Increase in 5 Mile Radius Since 2010
- High Credit, Experienced Operator | Aspen Dental Operates Over 1,000 Locations Across the U.S.
- Significant Lease Term Remaining |10 Years Remaining in Base Term
- Close Proximity to Interstate Highway | Under 1 Mile From the Atlantic City Expressway
- National Retailers Located Nearby | AT&T, ACME Markets, ALDI, ShopRite, KFC, Mavis, Taco Bell, and Many More
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Aspen Dental | $3,300,813 | 6.15% | NN | 3,500 | Available |