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 |