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Aspen Dental 4101 E Blue Grass Rd 4,000 SF Retail Building Mt Pleasant, MI 48858 $2,488,320 ($622.08/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Single Tenant Aspen Dental with 4 +/- Years Remaining
- Aspen Dental Has Over 1,100 Locations Nationally & Rapidly Growing Nation Wide
- Surrounding National Retailers Include Walmart Supercenter, Sam’s Club, Big Lots, PetSmart, ALDI, Kohl’s, Menards, Goodwill, DICK’s & Many Others
- Pad Site to Target Located on the NE Corner of US Highway 127 & E Blue Grass Rd – An Intersection that sees Over 46,000+ Vehicles per Day
- Adjacent to Central Michigan University – a Public Division-1 University with Over 14,000 Students Enrolled
EXECUTIVE SUMMARY
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PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built
2019
Price
$2,488,320
Price Per SF
$622.08
Cap Rate
6.25%
NOI
$155,520
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.55 AC
Frontage
122’ on South Mission Street
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-026-10-011-01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $698,400 |
PROPERTY TAXES
Parcel Number
14-026-10-011-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$698,400
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Aspen Dental | 4101 E Blue Grass Rd
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