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Virtual Drive-By

Aspen Dental Absolute NNN

North Main Street · Vestal, NY 13850 · Dental

Asking price
$828,571
Cap rate
7.00%
NOI
$58,000

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining10.0 yrs
Expiration—
Rent bumps3% Annual
Options2X 5 YEAR
Ground leaseNo
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF5,781
Price / SF$143
Year built1895
Lot size1.50 ac
TypeMedical Office, Dental office
Days on market68

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

PROPERTY HIGHLIGHTS

• 10 Year Absolute Net Lease

• Zero Landlord Responsibilities

• Occupied by a well-established company with a history of success and industry leadership

• Attractive Annual 3% Rent Increases in Base Term and Options

• Essential Use Medical Tenant that is Resilient through Economic Cycles

• 5,781 SF, Two Story Building Positioned on 1.5 Acres with Excellent Visibility and Access

• Vestal benefits from strong local demographics, steady population growth, and proximity to major employment hubs like Binghamton University and UHS Hospitals—driving long-term tenant demand and market stability

• Situated on N. Main Street with convenient access to NY-17 and I-81, the property offers strong visibility and seamless connectivity throughout the Binghamton-Vestal region and Greater Southern Tier of New York.

• 100% Bonus Depreciation Available. Consult Cost Segregation Advisor for More Information. Recommendations Available

LOCATION HIGHLIGHTS

• Strategically Located Along North Main Street, One of Vestal’s Primary Commercial Corridors With Strong Daily Traffic Counts

• Positioned Near the Intersection of North Main Street and Major Local Roadways, Providing Convenient Access Throughout the Greater Binghamton Area

• Located Less Than 10 Minutes From Downtown Binghamton, Offering Connectivity to a Broader Regional Employment and Healthcare Base

• Immediate Proximity to SUNY Binghamton, a Major Economic and Population Driver Supporting Consistent Daytime and Residential Demand

• Surrounded by a Dense Mix of Residential Neighborhoods, Retail Centers, Medical Offices, and Service-Oriented Businesses

• Close to Major Retailers Including Wegmans, Target, Lowe’s, and National Restaurant Concepts That Drive Sustained Area Traffic

• Easy Access to Route 17 (Future I-86) and Route 434 Supports Regional Mobility and Convenient Commuter Access

• Vestal Benefits From a Stable Local Economy Anchored by Education, Healthcare, and Professional Services Employment

Take the next step on this property

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.