Dutch Neck Dental
East Windsor, NJ
Key Details
Price: | $977,778 |
---|---|
Cap Rate: | 6.75% |
Annual Rent: | $66,000 |
Address: | 343 Dutch Neck Road, East Windsor, New Jersey 08520 |
Property Type: | Office |
Lease Type: | Triple Net (NNN) |
Property Data
Original Lease Term: | 20 Years |
---|---|
Lease Expiration: | 20 Years from Close of Escrow |
Lease Term Remaining: | 20 Years |
Rental Increases: | 2.00% Annually |
Lot Size: | 1.53 Acres |
Building Size: | 2,200 SF |
Year Built: | 1979 |
NNN Pro is pleased to present the exclusive listing for a Dutch Neck Dental located at 343 Dutch Neck Road, East Windsor, New Jersey 08520. The site consists of roughly 2200 rentable square feet of building space on an estimated 1.53-acre parcel of land. This Dutch Neck Dental is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $66,000 and has scheduled increases of 2.00% Annually.
About the Investment
- Long-Term NNN Sale-Leaseback | At closing the tenant will execute a brand-new 20-year absolute triple-net lease. A long-term NNN saleleaseback with a 20-year lease is an ideal investment opportunity due to its combination of stability and zero landlord responsibilities. In this structure, the tenant covers property expenses, including taxes, insurance, and maintenance, reducing risk and ensuring predictable income.
- Attractive Rental Increases | This property offers an attractive rental increase of 2% annually, starting at $66,000 and reaching $96,150 over the lease term. This incremental increase represents a total rent growth of approximately 45.68%, providing a reliable hedge against inflation and helping to maximize long-term investment returns.
- Corporate Guarantee | This investment is subject to a corporate guarantee from Squire Dental who currently operates over 20 practices in New Jersey, Pennsylvania, Texas, and Virginia with an extensive development pipeline for continued growth. Squire Dental is an alliance of like-minded dentists, hygienists, and supporting team members. They strive to provide unparalleled patient experiences and clinical outcomes, and believe that empowering the providers is the best way to achieve this goal. Squire Dental maintains complete clinical autonomy for their dentists while supporting them with best-in-class back office services.
- Essential Services with Growing Market Demand | Dental services are considered essential, and with an increasing demand for quality care, this property benefits from a stable and growing market. As oral health awareness rises, the need for reliable dental providers like Dutch Neck Dental continues to grow, ensuring a strong and consistent customer base.
Key Details
Price: | $977,778 |
---|---|
Cap Rate: | 6.75% |
Annual Rent: | $66,000 |
Address: | 343 Dutch Neck Road, East Windsor, New Jersey 08520 |
Property Type: | Office |
Lease Type: | Triple Net (NNN) |
Property Data
Original Lease Term: | 20 Years |
---|---|
Lease Expiration: | 20 Years from Close of Escrow |
Lease Term Remaining: | 20 Years |
Rental Increases: | 2.00% Annually |
Lot Size: | 1.53 Acres |
Building Size: | 2,200 SF |
Year Built: | 1979 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Matthew Anuszkiewicz
manuszkiewicz@nnnpro.com
License: NY: 10401294046
Howard Curd
hcurd@nnnpro.com
License: NY: 10401339720
Gordon Pollock
gpollock@nnnpro.com
License: NY: 10401370688
Broker of Record
Brian Brockman
Bang Realty-New Jersey, Inc
License: 2078547
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.