Aspen Dental Hutchinson, KS

1537 East 17th Avenue
Hutchinson, KS

Price: $2,600,000
Cap Rate: 6.40%
NOI: $166,400
Building Size: Approx. 3,500 Sq. Ft.
Lot Size: Approx. 0.83 Acres
Type: Single-Tenant / Medical
Sub Category: Medical / Dental
Year Built: 2022

Investment Overview

  • 2022 Construction. 3,500+/- SF Building on 0.83+/- Acre Site
  • 10-Yr Corporate Backed NN Lease w/ 10% Rental Increases in Initial Term & Option Periods
  • Across From Brand New Mirada Lagoon – Largest Lagoon in Country Which Will Feature 6,700 New Homes
  • Signalized Hard Corner Location on E 17th Ave (16k+ VPD) w/ Immediate Access to Ken Kennedy Fwy/KS-61 (10.5k+ VPD)
  • Adjacent to Uptown Hutch – 600,000+ SF Shopping Center Anchored by Orscheln Farm & Home, Hobby Lobby, TJ Maxx, & More
  • Aspen Dental is One of the Largest & Fastest Growing Providers of Dental Care in the U.S. – Over $920M Per Year
  • Hutchinson  |  The Regional Hub for Reno County  |  County Population: 39,699+