Listed by Matthews
$1,500,000
Fast Pace Health Urgent Care
Details
Property Type Office, Special Purpose
Sub Type Healthcare, Urgent care
Cap Rate 8.12%
NOI $121,935
Tenancy Single
Lease Type NN
Lease Expiration 03/16/2030
Rent Bumps Yes
Lease Options Two, Six-Year Options with Annual CPI Increases
Acreage 0.540
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/17/2018
Ground Lease No
Healthcare Investment Opportunity | 320+ Unit Operator | Corporate Guaranty
Marketing description
Matthews is pleased to present an opportunity to acquire a net-leased healthcare asset in
Mount Washington, Kentucky, one of the Louisville MSA's fastest-growing communities. The
property is leased to Fast Pace Health, a leading urgent care provider with more than 320
locations across eight states, and offers investors stable cash flow, annual 1.25% rent
increases, and exposure to the growing outpatient healthcare sector. Positioned along a
dominant retail corridor near Kroger, Walgreens, and major residential developments, the
asset benefits from strong demographics, increasing healthcare demand, and long-term
income growth potential.
Investment highlights
- Established Retail Corridor - Located within a mature commercial corridor supported by national retailers and daily-needs shopping destinations.
- Growing Residential Base - Positioned to serve one of the Louisville MSA's fastest-growing suburban communities, driving long-term healthcare demand.
- Community-Centric Location - Adjacent to Bullitt East High School and surrounding neighborhoods, providing strong visibility and local engagement.
- Purpose-Built Healthcare Asset - Modern urgent care facility designed to meet increasing demand for convenient outpatient medical services.
- Defensive Healthcare Fundamentals - Necessity-based healthcare use supported by demographic growth and recurring patient demand.
- Strategic Louisville MSA Positioning - Benefits from the economic strength and continued expansion of the greater Louisville metropolitan area.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,935.00
$10,161.25/mo
Valuation Metrics
0
DSCR
8.13%
Cap Rate
8.13%
ROI
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