ClearChoice Dental Implant Center
Edwardsville, IL
Corporate Guarantee with Abs NNN long term lease
OVERVIEW
Target Net IRR
14%
Minimum Investment
$50,000
Target Equity Multiple
2.0x
Hold Period
5-6 years
What Makes Investing in ClearChoice Dental Implant Center a Compelling Choice
Financials
Purchase Price: $1,735K
Minimum Investment: $50K
Cap Rate: 7.5%
Target CoC Return: 9%
Target AAR: 15%
Target IRR: 14%
Property Details
Location: 8 Sunset Hills, Edwardsville, IL 62025
SqFt: 5,038
Built in: 1995
Lot Size: 0.5 Acreage
Lease Details
Initial Term: 10 Years
Lease Type: NNN
Annual Rent Escalation: 4.5% every two years
Tenant Details
Tenant: ClearChoice Holdings (Parent Company: Aspen Dental)
Number of Total Locations: 1000+ in 44 states
Property Profile
Asset Class: Medical Office Building
Population: 24K in 3 miles radius
Households: 9.6K in 3 miles radius
Key Strength: Tenants industry is Internet and economic cycle resistant.