Aspen Dental 3155 Phoenix Center Dr 3,500 SF Retail Building Washington, MO 63090 $1,694,000 ($484/SF) 6.25% Cap Rate

CBRE’s Net Lease Property Group is pleased to exclusively present the opportunity to acquire the fee simple interest in an Aspen Dental located in Washington, Missouri. Aspen Dental has been operating at this location since 2015 and recently extended for an additional 5 years, carrying the term through May 2030. The lease features three 5-year renewal options with 10% bumps in each option.
The property is strategically positioned as an outparcel to Phoenix Center, a 216,567-square-foot open-air power center anchored by national retailers such as Ross Dress for Less, Marshalls, PetSmart, Dick’s Sporting Goods, Dollar Tree, and Ulta Beauty. Phoenix Center is a prominent retail destination along Washington’s primary corridor on Highway 100, which sees over 22,000 vehicles pass through daily and serves as a regional hub for Franklin County, drawing customers from a wide trade area and supporting a robust retail environment.
Aspen Dental is one of the nation’s largest and fastest-growing dental service organizations, operating more than 1,100 locations across the United States. The brand has established itself as a leader in accessible, patient-focused dental care, offering a comprehensive range of services that includes preventive care, general dentistry, and advanced restorative treatments. Aspen Dental’s growth strategy is driven by its commitment to convenience, affordability, and quality, making dental care more approachable for millions of Americans. With a strong reputation for innovation and customer service, Aspen Dental continues to expand its footprint nationwide, positioning itself as a trusted name in healthcare and a dominant player in the dental industry.