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Net Lease Aspen Dental

Net Lease Aspen Dental Property Profile and Cap Rates

Date September 18, 2020

Net Lease  Aspen Dental – Typical Property and Lease Terms

 

Price Range:$1.5mm - $3 mm
Cap Rate:6.75%
Net Income:$130,000
Price Per foot:$500 PSF
Building Size:3,500 SF
Lot Size:.75 AC
Escalations:10% every 5 years
Lease Term:20 Years
Lease Type:NNN
Credit Rating:NR

 

Tenant Company Information:

Aspen Dental Management, Inc. (ADMI) is a dental support organization (DSO), a dental practice management corporation that provides business support and administrative services in the US.[1] Its headquarters is in DeWitt, New York.[1]

Concerns about Aspen Dental’s alleged targeting of older, low-income earners with unnecessary and costly services by offering them a finance program without fully disclosing the terms has been investigated by the U. S. Senate committee on finance, Pennsylvania Attorney General’s office, Frontline, in partnership with the Center for Public Integrity and The New York Times.[2][3][4][5] In 2015, American Securities led Aspen’s recapitalization in partnership with Ares Management, Leonard Green & Partners and the existing management team

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