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Fast Pace Health Urgent Care 1020 Highway 62 E 2,820 SF Office Building Mountain Home, AR 72653 $3,133,214 ($1,111.07/SF) 7.25% Cap Rate
Investment Highlights
- Long-Term Passive Income: The investment opportunity offers investors a brand new 15-year lease with over 13 years remaining.
- Minimal Landlord Oversight: The lease features a modified NNN lease structure with tenant responsible for the roof and landlord
- High-Caliber Tenant: The property is operated by one of the nation’s largest and fastest growing urgent care providers, operating over 300 locations
- Built-In Rent Growth: The lease features 2% annual increases which ensures investors annual income appreciation
- New Construction: This opportunity offers investors a property with attractive real estate and recent construction
- Favorable Depreciation: Due to the extensive build out of this facility
Executive Summary
Broker of Record
Kyle Matthews
License # PB00084217 (AR)
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # PB00084217 (AR)
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,820 SF
Building Class
B
Year Built
2024
Price
$3,133,214
Price Per SF
$1,111.07
Cap Rate
7.25%
NOI
$227,158
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,820 SF
Building FAR
0.10
Lot Size
0.64 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- Sep 2039
Fast Pace Health’s “patient first” mentality has guided its mission to provide convenient and compassionate care to the communities it serves. Since 2009, Fast Pace Health has grown from one clinic in Collinwood, TN to clinics throughout Tennessee, Kentucky and Mississippi, with plans for future expansion.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | Sep 2039 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 007-13995-000 | Improvements Assessment | $37,470 |
| Land Assessment | $28,000 | Total Assessment | $65,470 |
Property Taxes
Parcel Number
007-13995-000
Land Assessment
$28,000
Improvements Assessment
$37,470
Total Assessment
$65,470
Contacts
-
Tyler Swade -
Kyle Mackulak -
Rahul Chhajed -
Michael Moreno -
Matthews Real Estate Investment Services
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