OM — Aspen Dental, Merced CA

California comparable OM from Mike's June 20 reply. Brand-new 2026 construction Aspen Dental at 3170 R St, Merced, within the Shoppes at Merced grocery-anchored power center. Corporate 10-year NNN lease (Aspen Dental Management, Inc. / The Aspen Group), rent commencing August 8, 2026, with 10% increases every five years. Price and cap rate were not present in the OM pages reviewed during prior analysis. Included as a newer-vintage CA dental comparable.

Key Facts¶

Tenant: Aspen Dental Management, Inc. (The Aspen Group) — PE-backed, ~$4.2B revenue, 1,100+ locations.
40,459 VPD; grocery-anchored power-center location.
Price/cap data TBD from available pages.