Listed by SVN | CREATE Commercial Real Estate Advisors
$1,620,000
QuickVisit Urgent Care
Details
Property Type Retail, Office
Sub Type Pharmacy/Drug, Medical Office
Square Footage 2,940
Cap Rate 6.30%
NOI $102,136
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 12
Lease Expiration 04/13/2035
Remaining Term 9
Rent Bumps Yes
Lease Options Three (3) 5-Year Options
Class A
Year Built 2023
Buildings 1
Acreage 0.820
Zoning Commercial
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/13/2023
Occupancy Date 04/13/2023
Ground Lease No
Retail | 6.30% CAP | 2,940 SqFt
Marketing description
QuickVisit Urgent Care was founded by clinicians with the goal of targeting smaller towns with limited healthcare access. Their locations service a much larger trade area than the typical urgent care due to a lack of alternatives. As the single tenant providing essential healthcare services to a growing and underserved regional market, this offering delivers stable, needs-based tenancy with a focus on urgent and primary care, supporting consistent demand. Positioned adjacent to the area's largest retail draw, the asset benefits from strong local reliance and long-term service viability.
Investment highlights
- New Construction (2023)
- Single Tenant Net Lease with minimal landlord responsibilities
- Recession-resilient, needs-based medical tenant serving a rural trade area with limited healthcare alternatives
- High Visibility Fronting Highway 92
- Freestanding Building with Pylon Signage
- High Value, Heavily Plumbed Buildout
- Rural-healthcare access gap — limited urgent-care alternatives within a 15–20 minute drive
- Regional trade-area draw exceeds city population; patients travel from surrounding communities
- Proximity to Washington County Hospital & Clinics strengthens the local medical ecosystem
- Steady daily traffic counts along IA-92, the primary commercial corridor
- Aging regional demographic drives sustained demand for walk-in medical services
- New construction (2024) with a fresh 18-year roof warranty reduces capital-expense risk for buyers
Listing Contacts
Listed by SVN | CREATE Commercial Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,136.00
$8,511.33/mo
Valuation Metrics
0
DSCR
6.3%
Cap Rate
6.3%
ROI
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