Fast Pace Urgent Care
Medical Office | 7.60% CAP | 2,740 SqFt
Marketing description
Horvath & Tremblay is pleased to present the exclusive sale of a single-tenant, net-leased Fast Pace Urgent Care located at 32 S Broadview Street in Greenbrier Arkansas (the “Property”). The Property was constructed in 2024, and Fast Pace Urgent Care has over 13 years remaining on their original lease, with three (3), 5-year renewal options. The lease features attractive 2% annual rental increases throughout the base term and option periods.
Fast Pace Urgent Care is well positioned along South Broadview Street, the primary commercial and commuter corridor serving Greenbrier. Located in the heart of the community, the Property is surrounded by a mix of national retailers, restaurants, local businesses, and municipal buildings that generate consistent daily traffic and support strong visibility. The site also benefits from convenient access to major regional routes, including Arkansas Route 25 and Arkansas Route 225, providing efficient connectivity throughout the immediate trade area. In addition, the Property is surrounded by established residential neighborhoods and is located just minutes from several area schools, creating a built-in customer base and steady demand for healthcare services.
Greenbrier is in north-central Arkansas, approximately 45 miles north of Little Rock, further supporting the Property’s accessibility and role within the broader regional market.
Investment highlights
LEASE TERM: Fast Pace Urgent Care occupies a 2,740 square foot single tenant building on a 1.16-acre parcel of land. Fast Pace Urgent Care has over 13 years of term remaining on their original lease with three (3), 5-year renewal options.
ATTRACTIVE RENT INCREASES: The lease features attractive 2% annual rental increases throughout the base term and option periods, providing a steady increase in income and an attractive hedge against inflation.
TRIPLE-NET LEASE: The Fast Pace Urgent Care lease is modified triple-net, with the tenant responsible for all operating expenses at the Property, including Common Area Maintenance, Insurance and Taxes. The tenant is also responsible for the repair and replacement of the roof.
CORPORATE GUARANTY: The Property features a corporate guarantee from Fast Pace Urgent Care (FP UC Holdings, Inc). Fast Pace Urgent Care is a rapidly expanding regional healthcare provider with roughly 390+ locations, offering convenient walk- in medical services and serving as a dependable traffic-generating healthcare tenant in community retail and medical office settings.
STRATEGIC LOCATION: Fast Pace Urgent Care is strategically situated along South Broadview Street (US Highway 65), the area’s primary commercial and commuter corridor. Fast Pace Urgent Care is in the heart of Greenbrier and is surrounded by prominent national retailers and restaurants, local businesses and municipal buildings, all of which drive traffic to the area. The Property enjoys convenient access to the area’s major roadways including AR Routes 25 and 225. Fast Pace Urgent Care offers medical services in an underserved market; the closest hospital is more than 12 miles away in Conway, AR.
URGENT CARE INDUSTRY - E-COMMERCE RESISTANT TENANT: The U.S. urgent care centers market size was estimated at $34.34 billion in 2024 and is expected to grow at a CAGR of 8.6% from 2025 to 2030. This growth is attributed to the delivery of rapid services and short wait times compared to primary care physicians (PCPs). In addition, the growing burden of chronic diseases and the geriatric population, coupled with the rising number of urgent care centers, are propelling market growth. Additionally, more than 50% of Millennials do not have primary care physicians and see Urgent Care as their Primary Medical Option.
RETAIL TRADE AREA: Numerous businesses, retailers and restaurants draw consumers to the trade area including Walmart Neighborhood Market, Dollar General Market, Harps Food Stores, Dollar Tree, AutoZone, Starbucks, McDonald’s, Burger King, Taco Bell, Dairy Queen Grill & Chill, Sonic, Casey’s, Subway, Huddle House, Pizza Hut and Dominos.
TRAFFIC COUNTS: Over 26,000 vehicles pass by the Property each day along S Broadview Street (AR Route 25).
DEMOGRAPHICS: Over 15,800 people live within 5 miles of the Property with an average household income of $106,641. More than 48,100 people live within 10 miles of the Property with an average household income of $95,549.
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