Fast Pace Health Urgent Care
Retail | 6.55% CAP | 3,726 SF
Marketing description
The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a single tenant Fast Pace Health Urgent Care in Paris, KY. Fast Pace Health operates over 250 clinics across 6 states and is dedicated to improving healthcare access through convenient and affordable care centers. The new NNN lease has a 15-year primary term, three 5-year option periods, 10% rent increases every 5 years, a corporate guarantee and minimal landlord responsibilities proving years of inflation resistant cash flows.
The 3,726 SF building on 0.93-acre Walmart Supercenter outparcel is strategically positioned on the hard corner signalized intersection of Lexington Road and Martin Luther King Blvd which have a combined traffic count exceeding 29,700 VPD. Nearby retailers include Walmart Supercenter, Save A Lot, Tractor Supply Co., DaVita Dialysis, McDonald’s and Taco Bell.
This is an excellent opportunity to own a new long term NNN leased corporate guaranteed Fast Pace Health with 15 years in option periods, rent increases every 5 years and minimal landlord responsibilities providing investors with inflation resistant income for years to come.
Investment highlights
Brand New 15 Yr. NNN Corp. Leases by Fast Pace Urgent Care - Strong Private Co. with Huge Growth
High Profile Locations within Dense Trade Areas - Surrounded by all Major Retail Traffic Generators
Fast Growing Suburban Cities of Daphne, AL, Hueytown, AL and Paris, KY - Strong Demo’s ($105,917)
The U.S. Urgent Care Market is One of Fastest Growing Segments - Nearly 29% All Primary Care Visits
Strong Private Company - 265+ Clinics - Dual Urgent Care/Physical Therapy - Fastest Growth in Southeast
10% Bumps every 5 Yrs. with Options - Brand New 2023 Prototypes - LL only Responsible for Structure
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