An Aspen Dental practice and MD Now Urgent Care clinic in Cape Coral, Fla., have purchased a shared property for $5.1 million, Gulfshore Business reported Aug. 4.
The two-tenant building is nearly 7,000 square feet.
"It's interesting, because the medical office class and asset class is really the most coveted right now in the retail and commercial sector," Jim Shiebler, a broker with Marcus & Millichap who brokered the deal, told Gulfshore Business. "They're also destination tenants that are fortified. They are really e-commerce, recession and pandemic resistant."
Aspen Dental supports more than 1,000 affiliates across 45 states.