
Capital Markets Group Completes Sale of Aspen Dental Property for $2.425M
SUFFOLK, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group announces the investment sale of an Aspen Dental property at 1930 North Main Street, Suffolk, within the major Suffolk trade area along Route 460, one of Hampton Roads’ major retail corridors.
Aspen Suffolk, LLC, a California-based investor, purchased the 3,500 square foot freestanding NNN leased medical/retail property from LWS Suffolk Station, LLC, an affiliate of Salomon Real Estate Group based in Atlanta, for $2,425,000 as an investment. The property is fully leased with a 10-year NNN lease with Aspen Dental – one of the Commonwealth’s most highly regarded and successful comprehensive dental care companies.
Clark Simpson of Cushman & Wakefield | Thalhimer’s Capital Markets Group represented the seller; Brian Heron with Commercial Retail Associates, Inc. represented the purchaser.
Written on January 6, 2021