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Aspen Dental 2513 James L Redman Pky

3,876 SF 4-Star Retail Building Plant City, FL 33566 £2,076,622 (£536/SF) 5.75% Net Initial Yield

Investment Highlights

  • • Excellent visibility from James L. Redman Pkwy
  • • Center is located along one of the major retail corridors in the market
  • • High traffic counts of 26,328 ADT

Executive Summary

• Net Lease
• Aspen Dental leases are Corporately guaranteed
• 10 Year Initial Term through 1/31/28
• Aspen Dental operates 1,000 locations
• One of the largest Healthcare Retailers in the country
• 10% Rent escalations in years 6-10
• Landlord Responsibilities:
• Roof, Structure
• Three 5-year options
• 10% Rent escalations in every option

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,876 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Price
£2,076,622
Price Per SF
£536
Net Initial Yield
5.75%
NOI
£119,421
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Land Acres
0.54 AC
Zoning
PD - Professional Service Building
Parking
32 Spaces (8.26 Spaces per 1,000 SF Leased)
Frontage
80 ft on James L Redman Parkway

Amenities

  • Air Conditioning

Nearby Major Retailers

Winn-Dixie
Checkers
Beef 'O' Brady's
Starbucks
Truist
TD Bank
Fazoli's
Bank of America
Publix Super Markets
Chili's Grill & Bar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P-05-29-22-39Z-000004-00004.4
Land Assessment
£232,133
Improvements Assessment
£712,440
Total Assessment
£944,574
  • Listing ID: 32039409

  • Date on Market: 06/06/2024

  • Last Updated:

  • Address: 2513 James L Redman Pky, Plant City, FL 33566

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