Local MD Urgent Care Investment Offering
Retail | 6.25% CAP | 3,500 SqFt
Marketing description
Qualified investors are extended the opportunity to acquire a 100.0% fee simple interest in a newly constructed NN lease Local MD Urgent Care in Clarksville, IN, a major regional trade area of Southern, Indiana. The initial lease term is ten (10) years with three (3) five (5) year extension terms and limited landlord responsibility. Local MD Urgent Care is a growing regional healthcare provider specializing in walk-in medical services for non-life-threatening injuries and illnesses, with 12 urgent care locations across Illinois and Indiana.
The property is a ± 0.67-acre outlot with a 3,500 square foot single-tenant building with frontage along East Lewis and Clark Parkway. It is situated at a signalized intersection, shared with Green Tree Mall, Southern Indiana’s only enclosed mall. The site is passed by nearly 20,000 vehicles per day on East Lewis and Clark Parkway and its strategic location along I-65 puts this property in the dominant regional shopping area for Southern Indiana.
Investment highlights
Nearly 20,000 VPD on Lewis & Clark Pkwy in front of site
Convenient access at signalized intersection, directly across from Green Tree Mall, Southern Indiana’s only enclosed mall
Brand new single-tenant development in well established regional trade area, located along I-65
10-year lease with corporate guarantee from strong national tenant
Limited landlord responsibility (roof & structure (new construction building with 20-year roof warranty))
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