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29850806
29850808

1400 Highway 72 E, Corinth, MS 38834

SVN | Southgate Realty, LLC
JW
CA CA #01974254
SVN | Pacific Commercial Advisors
Listed by SVN | Southgate Realty, LLC, SVN | Pacific Commercial Advisors
$1,934,500
108 days on market
Updated 37 days ago

Fast Pace Health Urgent Care

Details
APN 0801124 C 00901
Property Type Office, Retail
Sub Type Medical Office, Storefront
Square Footage 2,681
Units 1
Cap Rate 6.67%
NOI $128,936
Occupancy 100%
Tenancy Single
Brand/Tenant Fast Pace Health Urgent Care
Lease Type NN
Lease Term 13
Lease Expiration 12/31/2032
Remaining Term 6.6
Rent Bumps Yes
Lease Options Two 6-year Options
Price per SqFt $722
Class B
Year Built 2019
Buildings 1
Stories 1
Acreage 0.850
Zoning C-3 – Highway Commercial
Parking Spaces 16 spaces
Parking Per SqFt 5.97
Investment Type Stabilized
Tenant Credit Credit Rated, No Credit Rating
Lease Commencement 01/01/2020
Ground Lease No

2,681 SF medical building is 100% leased to Fast Pace Health under a NN lease structure, offering pr

Marketing description

SVN is pleased to present a stabilized, single-tenant net lease investment located along the primary commercial corridor of Corinth, Mississippi. The 2,681 SF medical building is 100% leased to Fast Pace Health under a NN lease structure, offering predictable income with limited landlord responsibility.

Fast Pace Health operates more than 200 urgent care and primary care clinics across multiple states, providing essential, needs-based healthcare services that have demonstrated resilience across economic cycles.

Strategically positioned along US Highway 72, the area’s primary retail artery, the property benefits from strong visibility, established commercial synergy, and regional connectivity.

The asset presents an attractive yield relative to recent urgent care comparable sales and is well-suited for 1031 exchange and income-focused investors seeking durable, healthcare-backed cash flow.

Investment highlights

  • Stabilized NN-Leased Healthcare Asset

  • 100% Leased to Fast Pace Health (200+ Locations)

  • Prime US-72 Corridor Location

  • Low-Management Investment Profile


Listing Contacts

SVN | Southgate Realty, LLC
JW
CA CA #01974254
SVN | Pacific Commercial Advisors
Listed by SVN | Southgate Realty, LLC, SVN | Pacific Commercial Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$128,936.00
$10,744.67/mo

Valuation Metrics

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DSCR
6.67%
Cap Rate
6.67%
ROI

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Additional Information

Name
Chamberlan Carothers, CCIM, CPM
License
24439
Brokerage
SVN | Southgate Realty, LLC
Brokerage Phone
6012644622
Title
Managing Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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