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Virtual Drive-By

Aspen Dental NN

2911 South Highway 27 · Somerset, KY 42501 · Dental

Asking price
$1,944,984
Cap rate
6.30%
NOI
$112,534

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 typeNN
Term remaining8.0 yrs
Expiration07/2034
Rent bumps3% In 2029 & 8% In Each Option
OptionsFour, 5 Year
Ground leaseNo
Credit profileCorporate Guarantee
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 SF3,509
Price / SF$554
Year built1990
Lot size0.79 ac
TypeMedical Office, Dental
Days on market3

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

  • ​SINGLE TENANT ASPEN DENTAL LOCATION: 3,509-SF on a 0.79 acre lot with 25 parking spaces.
  • ​DOUBLE NET LEASE: 2014 renovations with just over 8 years remaining on the original NN lease. Landlord responsible for roof, structure and HVAC replacement.
  • ​RENTAL INCREASES IN EACH OPTION: Rental increase coming in 2029 and 8% rental increases in each of four, 5-year renewal options.
  • ​CORPORATE GUARANTEE: Lease is guaranteed by Aspen Dental Management, with over 1,000 locations across 46 states.
  • ​FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
  • ​HIGH VISIBILITY LOCATION: Outparcel to shopping center with lighted pylon sign and easy access from all traffic directions. Three points of ingress and egress.
  • ​DENSE RETAIL HUB: Located near multiple national tenants including Hobby Lobby, TJ Maxx, Tractor Supply, Ollie’s, Planet Fitness, Dunham’s, Pizza Hut, Taco Bell, 7 Brew, Texas Roadhouse, Kroger, Chick Fil A, Walmart Supercenter, Lowe’s and more.
  • ​STABLE TRAFFIC CORRIDOR: Located along US Highway 27 seeing 32,500 vehicles per day (VPD).
  • ​4 MILES FROM LAKE CUMBERLAND: Lake Cumberland is a major boating and outdoor recreation destination in Kentucky with 1,200 miles of shoreline and multiple marinas attracting 4 million annual visitors.
  • ​TOURISM DESTINATION: Somerset is known as the “Capital of Lake Cumberland” due to its proximity and infrastructure supporting large visitor volume.
  • ​STABLE DEMOGRAPHICS: The population exceeds 34,300 within 5-miles and has been steadily increasing since 2000.

Take the next step on this property

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Asking-market observation aggregated from public listing sources, last observed Sep 11, 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.