26 Bolivar Drive, Bradford, PA 16701 For Sale

SRS Real Estate Partners–Northeast, LLC is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased WellNow Urgent Care investment property. The tenant, ASP UC Support LLC (dba WellNow Urgent Care), has signed a brand new 10-year lease with four (5-year) renewal options, demonstrating long-term commitment to the site and reinforcing its proven success as an established location. The lease features a 3% rental increase on September 1, 2027, followed by 8% increases at the beginning of each option period, supporting NOI growth and providing a hedge against inflation. ASP UC Support LLC operates under Aspen Dental Management, Inc. (ADMI), a healthcare platform backed by Leonard Green & Partners (~$75B AUM). WellNow has grown to 180+ locations following its 2022 acquisition of Physicians Immediate Care, with continued expansion across multiple states. The urgent care sector is growing ~7–9% annually, driven by ER-to-urgent care migration and payer cost optimization, supporting long-term demand through a recession-resistant, in-person service model. The NN lease structure provides for limited landlord responsibilities, offering a low-management investment.

The property is strategically positioned along Bolivar Drive (9,400 VPD) as an outparcel to Bradford Mall, a 281,000-square-foot center anchored by Tractor Supply and Anytime Fitness, and is surrounded by national retailers including Walmart Supercenter and Dollar General. The site also benefits from access to the Pittsburgh-Buffalo Highway (13,300 VPD), providing regional connectivity. WellNow is filling a critical healthcare gap following the consolidation of Bradford Regional Medical Center’s acute care and surgical services to Olean, NY, resulting in limited competition. The asset draws from a broad regional trade area supported by commuter inflows, the University of Pittsburgh at Bradford (~1,300 students), and major employers including Zippo Manufacturing, American Refining Group, and Case Cutlery. The 5-mile trade area includes more than 16,300 residents and 9,400 employees, with an average household income of $85,223 within a 1-mile radius.