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Aspen Dental
Stockton, CA 95207
Trophy Aspen Outparcel- Main & Main · Retail Property For Sale

Investment Highlights

  • New 10 Yr. NN Corporate Lease by Aspen Dental - Over 900+ Locations across U.S.
  • Best in Class Brand - One of the Largest Private Dental Tenants in Country
  • New 2022 Prototype Construction - Minimal LL Duties with Long Term Roof Warranty
  • High Profile Outparcel to Stone Creek Village/Sherwood Mall - Dick’s/Petco/Best Buy
  • City won The All-America City Award (the National Civic League) - Affluent Bay Area
  • Main Retail Trade Area Surrounded by Major Anchors - Near Delta College

Executive Summary

We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a brand-new construction, 10 year net leased investment, occupied by Aspen Dental corporate with 10% rental increases every 5 years and 2, 5 year options. The subject property is well positioned as an outparcel to the 175,000 SF Stonecreek Village Shopping Center (Lifestyle Center) and benefits from its hard corner signalized intersection location at Pacific Ave and Robinhood Dr which sees over 42,200 VPD. Additionally, directly across from the property is San Joaquin Delta College (18,000+ students) with University of the Pacific (6,000+ Students) within 1.5 miles. Nearby retailers include Macy’s, Target, Sprouts, HomeGoods, Best Buy, Walgreens, In-N-Out Burger, Panera Bread, Raising Cane’s, McDonald’s and more; making this one of the area’s most dynamic and visited retail destinations. This is an excellent opportunity to purchase a brand-new single tenant net lease investment, with long term stable cash flow, located near major retail traffic generators and minimal landlord responsibilities.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,500 SF
Building Class
B
Year Built
2021
Price
$4,081,530 CAD
Price Per SF
$1,166.15 CAD
Cap Rate
5.37%
NOI
$219,042 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.17
Lot Size
0.48 AC

Property Taxes

Property Taxes

Parcel Number
108-130-30
Land Assessment
$209,024 CAD
Improvements Assessment
$1,331,018 CAD
Total Assessment
$1,540,042 CAD
  • Listing ID: 29658788

  • Date on Market: 2023-09-29

  • Last Updated:

  • Address: Aspen Dental, Stockton, CA 95207

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