Aspen Dental- New Build (10-yr Net Lease) 145 Ferrari Ranch Rd

145 Ferrari Ranch Rd , Lincoln, California, 95648 | 3,635 sq.f | $ 3,888,888

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About This Restaurant

Investment Highlights

Brand New Aspen Dental (1000+ locations)- 10-year Net Lease Affluent ($124,000+ Average Household Income) & Growing Demographics (19,000+ homes proposed, planned, or under construction) Out-Parcel to beautiful Target, Home Depot, TJ Maxx, and In-N-Out

Executive Summary

CALL/TEXT NICK...(916) 218-9978.CIRE Partners is pleased to present this brand-new, free-standing Aspen Dental prototype on a 10-year net lease. The highly visible property is ideally positioned adjacent to In-N-Out Burger at the primary ingress to the thriving Lincoln Crossing Marketplace. The 400,000 SF power center boasts nearly 100% occupancy and is anchored by Target, Home Depot, TJ Maxx, Ulta, and Sprouts.Aspen Dental accepted the building in cold shell condition and invested over $750,000 in tenant improvements. This is a testament to Aspen Dental?s long-term intentions for the subject property.Lincoln, CA is a master-planned community in Placer County- among the Sacramento MSA?s most affluent and desirable areas. Average household income exceeds $124,000 (5-mile radius). In addition to healthy household income, more than 19,000 homes are proposed, planned, or under construction (5-mile radius).***LISTING AGENT HAS OWNERSHIP INTEREST IN SUBJECT PROPERTY***

Property Details

  • Sale Type    Investment
  • Sale Condition    1031 Exchange
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Fast Food General Retail Restaurant Office Medical Freestanding
  • Building Size    3,635
  • Building Class    B
  • Year Built    2023
  • Price    3,888,888
  • Price Per SF    1,070
  • Cap Rate    4.50
  • NOI    175,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.09
  • Land Acres    0.96 AC

Nearby Amenities & Transportation

Retail Starbucks
Retail Casa Ramos
Retail Sprouts Farmers Market
Retail SAFE Credit Union
Retail First Bank
Retail Panda Express
Retail Anytime Fitness
Retail Saladworks
Retail HOTWORX
Retail Red Robin
Date Created: 2024-07-16 04:09:25 Last Updated: 2024-07-16 04:09:25
Address: 145 Ferrari Ranch Rd , Lincoln, California, 95648