Listed by Southeast Commercial Real Estate Services Gulfport
$1,604,770
NNN Investment | SouthStar Urgent Care | 6.75% Cap Rate
Details
Property Type Retail, Office
Sub Type Medical Office
Square Footage 3,750
Cap Rate 6.75%
NOI $108,322
Occupancy 100%
Tenancy Single
Brand/Tenant SouthStar Urgent Care
Lease Type NNN
Lease Term 15
Remaining Term 10
Rent Bumps Yes
Price per SqFt $428
Class A
Year Built 2021
Buildings 1
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Occupancy Date 06/01/2021
Ground Lease No
Retail | 6.75% CAP | 3,750 SqFt
Marketing description
A NNN medical investment opportunity in New Roads, Louisiana. This 3,750 SF purpose-built urgent care clinic, completed in 2021, is leased long-term to SouthStar Urgent Care, a brand of Community Care Partners, one of the nation's leading urgent care operators. Strategically positioned along Hospital Road adjacent to Pointe Coupee General Hospital and surrounded by national retailers including Walmart, McDonald's, Burger King, and Taco Bell, this property benefits from exceptional visibility and healthcare corridor synergy. With approximately 10 years of lease term remaining, annual rent escalations, and a NNN structure, this offering presents investors with stable, passive income in a growing community.
Investment highlights
- SouthStar Urgent Care is a brand of Community Care Partners (CCP), a private
equity-backed urgent care operator with more than 90 clinics across seven
states. Backed by Shore Capital Partners — a Chicago-based PE firm with $3B in
AUM — CCP serves over one million patients annually, providing investors with a
creditworthy, nationally scaled operator.Secure Long-Term Income
- Approximately 10 years remain on a 15-year NNN
lease, delivering reliable, passive cash flow with minimal landlord obligations.
- Built-In Rent Growth Annual rent escalations of 1.25% provide steady,
contractually guaranteed income appreciation over the lease term.
- Modern, Low-Maintenance Asset Constructed in 2021, this 3,750 SF purposebuilt
medical clinic is in excellent condition, minimizing near-term capital
expenditure risk for the investor.
Listing Contacts
Listed by Southeast Commercial Real Estate Services Gulfport
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,322.00
$9,026.83/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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