3206 State Route 35
Hazlet, NJ 07730
ASPEN DENTAL | BRAND NEW 10-YEAR LEASE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recession Resistant Investment – Medical properties are highly sought after for their security and resistance to economic downturns and e-commerce.
- High Caliber Operator – Aspen Dental Management, Inc. (ADMI), founded in 1994, is one of the largest dental brands in the U.S.
- Largest U.S. Metropolitan Area – The New York MSA contains roughly 19.77 million people as of 2021 and is referred to as the Tri-State Area.
- Long Term NNN Lease – Aspen Dental in Hazlet offers a brand-new 10-year NNN lease with 10% rental increases every 5 years throughout the term.
- Access and Visibility – The subject property is located 1 mile from Hackensack Meridian Health Bayshore Medical Center.
- New York MSA – The subject property is approximately 40 miles outside of New York City. It is well-positioned with excellent access and visibility.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,560 SF
Building Class
C
Year Built/Renovated
1980/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.87 AC
Zoning
BH
Parking
13 Spaces (3.65 Spaces per 1,000 SF Leased)
Frontage
170’ on Route 35
PROPERTY TAXES
| Parcel Number | 18-00217-0000-00006 | Improvements Assessment | $300,000 |
| Land Assessment | $901,200 | Total Assessment | $1,201,200 |
