Cornelia, GA - Aspen Dental

Description:

• The tenant currently has over 9 years remaining on their lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years throughout the initial term and option periods, steadily growing NOI and hedging against inflation
• More than 25 years later since being founded, the network includes 1,000+ Aspen Dental locations nationwide

• The site will sit next to a future Northeast Georgia Hospital, which will increase consumer traffic to the immediate area
• The asset is located in a dense retail corridor, with numerous nearby national/credit tenants including Walmart Supercenter, Chick-fil-A, Lowe’s, Taco Bell, Big Lots, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site