Aspen Dental
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Sambazis Retail Group

Leaders in Retail Investment Sales

Aspen Dental

Offerings

Aspen Dental

1421 W. Airline Highway

LaPlace (New Orleans MSA), LA

Price:
$2,403,000
Cap Rate:
6.70%
NOI:
$161,000
Rentable SQFT:
3,500 SF
Year Built:
2023
Lot Size:
0.816 +/- Acres
Lease Type:
NN
Status:
Available
Investment Highlights
  • 10-Year Lease with 8% Increases Every 5 Years, Minimal Landlord Responsibilities
  • Corporate Guaranty, Over 1,100 Locations in 45 States and $3+ Billion in Revenue
  • Aspen Dental Served Over 8 Million Patients in 2022, Largest/Fastest-Growing Network of Branded Dental Practices in the U.S.
  • Brand New High-Quality Construction, Tenant Made Significant Capital Investment Towards Building Out the Space
  • Serving Over 56,593 Residents in Growing New Orleans Suburb, 25 Miles West of Downtown New Orleans
  • Average Household Income Exceeds $78,000 within 3 Miles
  • Strategic Location, Closest Aspen Dental Practice is Over 20 Miles Away
  • Highly Visible to More Than 36,000 Cars/Day Along Major Commercial Artery, Direct Access to New Orleans
  • Easy Access to I-10 with Over 100,000 Cars/Day, One of the Most Travelled Highways in the U.S.
  • Down the Street from a High-Volume Walmart Supercenter and a Food 4 Less Anchored Shopping Center
  • Adjacent to a New Chick-fil-A and Across from Matherne's Grocery Store (Large Regional Chain), CVS, Planet Fitness, Harbor Freight, Sherwin Williams, Wendy’s, Dunkin’ Donuts, and More
  • ½ Mile to New $30 Million Ochsner Medical Complex and Surrounded by Several K-12 Schools with Over 6,000 Students
  • Strong Daytime Population, Over 13,400 Employees in the Immediate Trade Area
  • Close Proximity to The Port of South Louisiana (America's Leading Grain Exporter), One of the Largest and Busiest Ports in the World
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    The information contained in the following Marketing Package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Sambazis Retail Group and should not be made available to any other person or entity without the written consent of Sambazis Retail Group. This Marketing Package has been prepared to provide a summary to prospective purchasers and to establish a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Sambazis Retail Group has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Package has been obtained from sources we believe to be reliable; however, Sambazis Retail Group has not verified, and will not verify, any of the information contained herein, nor has Sambazis Retail Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All prospective buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Phil Sambazis

Executive Managing Director

(858) 373-3174

Email & Bio »

Chris Shaheen

Broker of Record

License: BROK.0095692662-ACT