Coastal Urgent Care
Office | 8.04% CAP | 6,161 SqFt
Investment highlights
• Long Term Lease with Multiple Options to Renew
- 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options
• 2022 Construction Offered Below Replacement Cost
- $373 PPSF | Property Kept in Immaculate Condition
• Well Positioned with Frontage on Main Thoroughfare
- Excellent Visibility with Access at Lighted Intersection
• Strategically Located within Market
- Multiple Schools in Immediate Vicinity of Property
• Located in Highly Concentrated Medical Corridor
- Outparcel to Sterling Surgical Hospital
• Low Expiring Rent/Sf Provides Safety for Investor
- $30/SF Rental Rate at Expiration of Current Term in 2032
• Large Footprint is Adaptive for Multiple Medical Uses
- 6,161 SF Building with Covered Drop Off and Ample Parking
• Consistently Growing Population in 3,5- and 10-Mile Radius
- Population Growth Projected to continue Through 2030
• Significant Industry in Submarket and Surrounding Markets
- Home to The Greenbrier Companies, NuCore, Lockheed Martin and more including John C. Stennis Space Center
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