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Fast Pace Urgent Care 11140 Ky-44 Hwy 3,636 SF Retail Building Mount Washington, KY 40047 $1,500,000 ($412.55/SF) 8.13% Cap Rate
Investment Highlights
- Approximately 17 Miles from Louisville
- Close Proximity to Kroger & Walgreens
- Growing Residential Population Base
- Adjacent to Bullitt East High School
- Dense Surrounding Retail Corridor
- Strong Consumer Traffic Patterns
Executive Summary
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,636 SF
Building Class
C
Year Built
2025
Price
$1,500,000
Price Per SF
$412.55
Cap Rate
8.13%
NOI
$121,935
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.54 AC
Zoning
CB - Commercial Business
Parking
18 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
330’ on East Brooke Court
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 430872 | Improvements Assessment | $824,500 |
| Land Assessment | $600,000 | Total Assessment | $1,424,500 |
Property Taxes
Parcel Number
430872
Land Assessment
$600,000
Improvements Assessment
$824,500
Total Assessment
$1,424,500
Contacts
-
Michael Cashman -
Rob Goldberg -
Connor Knauer -
Matthews Real Estate Investment Services
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Fast Pace Urgent Care | 11140 Ky-44 Hwy
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