Listed by Marcus & Millichap - Nashville
$2,581,920
Fast Pace Urgent Care
Details
APN 081 12305 000
Property Type Retail, Office
Sub Type Medical Office
Square Footage 3,600
Units 1
Cap Rate 6.50%
NOI $167,825
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15.4
Lease Expiration 01/31/2038
Remaining Term 11.7
Rent Bumps Yes
Lease Options 3, 5 Year
Price per SqFt $717
Year Built 2022
Acreage 1.780
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/12/2022
Ground Lease No
Sale Condition 1031 exchange
11+ Years Remaining | Corporate Guarantee
Marketing description
This Absolute NNN investment offers a fully passive, corporate-backed income stream with 11+ years remaining, built-in rent increases, and a strong guaranty from Fast Pace Health, a rapidly growing national urgent care provider with over 200 locations. The property is strategically positioned along a high-traffic retail corridor in Clarksville, benefiting from excellent visibility and proximity to over 370,000 SF of national retailers driving consistent consumer traffic.
Investment highlights
Absolute NNN Lease | 11+ Years Remaining
Fast Pace Urgent Care | Proven National Brand
Prime Madison Street Frontage | 22,095 VPD
Dominant Retail Hub | 370,000+ SF of Anchored Centers
Listing Contacts
Listed by Marcus & Millichap - Nashville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,825.00
$13,985.42/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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