Listed by Sands Investment Group, Sands Investment Group Austin
$2,268,732
MainStreet Urgent Care - Pensacola, FL
Details
Property Type Office
Sub Type Medical Office
Square Footage 2,866
Cap Rate 6.15%
NOI $139,527
Occupancy 100%
Tenancy Single
Brand/Tenant MainStreet Urgent Care
Lease Type NNN
Lease Term 15.9
Lease Expiration 03/31/2041
Remaining Term 14.7
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Year Built 2025
Acreage 1.400
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/06/2025
14+ Year NNN Urgent Care | Strong Operator | Pensacola, FL - Tax Free State
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the MainStreet Urgent Care located at 10251 Sorrento Road in Pensacola, FL. This offering features a brand-new construction property under a 15-year Triple Net (NNN) Lease, providing investors with long-term stability. The lease includes 10% rental increases every five years and multiple renewal options, ensuring steady income growth and a secure, low-maintenance investment opportunity.
Investment highlights
- Lease Structure: New 14+ year Triple Net (NNN) lease with renewal options and 10% rent escalations every five years, providing predictable income and minimal landlord responsibilities.
- Location: Positioned along Sorrento Road (SR 292), a major east–west artery connecting Perdido Key to Downtown Pensacola.
- Tenant Strength: Guaranteed by Rural Urgent Care, LLC, the parent company of MainStreet Family Care’s 60+ unit network expanding across AL, FL, GA, and NC.
- Market Growth: Rapidly developing suburban corridor with projected 5-mile population growth of 7% by 2029 and average household incomes of $88,432.
- Tax Environment: Located in Florida, a no-state-income-tax jurisdiction that enhances investor returns.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Austin
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$139,527.00
$11,627.25/mo
Valuation Metrics
0
DSCR
6.15%
Cap Rate
6.15%
ROI
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