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The Bell BriefFrom Dr. Jennifer Bell, DDS MAGD FICD
MEDIUMBusinessTier 1

Connecticut Aspen Dental office sold in $5.8M deal

SourceBecker's Dental + DSO ReviewTier 1Hard News

By Ariana Portalatin

Originally at beckersdental.com

Summary & scoring by The Bell Brief (Dr. Jennifer Bell) using the Drill-Down Protocol (Drill-Down Score) — not the original publisher.

Why it matters for dental

Practice owners and DSOs tracking real-estate pricing and lease terms now have a fresh data point: an Aspen Dental location in Connecticut sold for $2.22 million at a 6.25 percent cap rate with built-in rent escalators.

Key points

  • A three-tenant retail center containing an Aspen Dental office in Mansfield, Conn., closed for $5.8 million.
  • The dental suite itself sold for $2.22 million at a 6.25 percent cap rate.
  • Aspen Dental’s lease has at least eight years remaining plus three five-year renewal options and 10 percent rent increases every five years.
  • The 8,502-square-foot property also houses a Chipotle and a Five Guys.

Who should care

OwnerDSO

Read the original on Becker's Dental + DSO Review

Full reporting and any paywall content live on beckersdental.com. We summarize and score; we do not republish.

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