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2020 Gulf Fwy
Texas City, TX 77591
Aspen Dental | New Construction | Houston MSA · Retail Property For Sale
Investment Highlights
- ?Corporate Backed Long-Term Lease – Aspen Dental Management, Inc signed a new 10-year lease, which is scheduled to commence in July 2021
- Attractive Rent Increases – lease features 10% rent increases every 5 years in the primary term and options, providing a hedge against inflation
- Government Declared Essential Retailer and Internet Resistant Tenant
- Rare Tenant Maintained Parcel – Aspen Dental maintains landscaping and parking lot, including sweeping, sealing, and restriping
- ?One of the Largest Dental Practice Management Corps in the U.S – founded in 1998, Aspen Dental has over 5,000 employees with over 800+ locations
- ?Committed Tenant with Significant Tenant Improvements - site was selected by tenant and improvements were built-to-suit
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,510 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.61 AC
Zoning
Commercial
Property Taxes
| Parcel Number | 3757-0001-0002-000 | Improvements Assessment | $1,689,350 |
| Land Assessment | $846,460 | Total Assessment | $2,535,810 |
Property Taxes
Parcel Number
3757-0001-0002-000
Land Assessment
$846,460
Improvements Assessment
$1,689,350
Total Assessment
$2,535,810
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