1633 Race Track Rd
Saint Johns, FL 32259
Md Now Urgent Care · Office Property For Sale

Matthews Real Estate Investment Services is pleased to exclusively present the opportunity to acquire a single-tenant urgent care investment located in St. Johns County, Florida, leased to Jacksonville CareNow Urgent Care, operating under HCA Healthcare’s MD Now platform.
The property is secured by a newly executed lease following HCA Healthcare’s acquisition of Avecina Urgent Care, reflecting a broader institutional strategy to expand outpatient access points in high-growth markets. The lease includes 3% annual rental increases, providing investors with consistent income growth and a strong hedge against inflation throughout the hold period.
Strategically located in St. Johns County—one of the most affluent and fastest-growing counties in Northeast Florida—the property benefits from strong household incomes, above-average home values, and continued residential development. These factors support a highly insured patient base and drive long-term demand for healthcare services and outpatient facilities.
The location has operated as a successful urgent care facility for several years under Avecina Urgent Care, establishing a strong patient base and consistent volume within the community. Now operating under HCA Healthcare’s MD Now platform, one of the largest healthcare systems in the United States, the site benefits from institutional backing, scalable infrastructure, and strong brand recognition, supporting long-term stability and continued patient demand.
As the healthcare industry continues to shift toward outpatient care, the urgent care sector remains one of the fastest-growing segments, driven by population growth, convenience-based care demand, and cost-efficient alternatives to traditional emergency services. Backed by institutional tenancy, strong market fundamentals, and a proven operating history, this offering presents a stable, income-producing asset positioned for long-term growth.
Newly Acquired Practice Lease: The property is leased to Jacksonville CareNow Urgent Care following HCA Healthcare’s acquisition of Avecina Urgent Care. This transition reflects a broader institutional strategy to expand outpatient access points and reinforces long-term commitment to the location.
“Hands-off” Investment: The lease offers a passive ownership structure with the tenant responsible for the majority of day-to-day operations, including utilities, interior maintenance, taxes, insurance and operating expenses, minimizing landlord involvement.
Attractive Annual Rental Increases: The lease includes 3% annual rental increases, providing consistent income growth and a strong hedge against inflation over the term of
ownership.
Highly Affluent Area: The property is located in St. Johns County, one of the most affluent areas in Northeast Florida, with strong household incomes and above-average home values supporting a highly insured patient base. The area’s wealth and continued residential growth provide long-term stability and consistent demand for healthcare services.
Growing Market: St. Johns County continues to experience significant population growth, driven by ongoing residential development and strong in-migration trends. As one of the fastest-growing counties in Florida, this growth supports increasing demand for medical services, outpatient facilities, and long-term healthcare infrastructure.
Need For Service: The continued population growth and aging demographics in the surrounding area drive consistent demand for urgent care and outpatient medical services, reinforcing long-term tenant viability.
Highly Accessible: Strategically located along Race Track Road, a major thoroughfare with strong traffic counts, the property offers excellent visibility and convenient access for patients throughout the greater Jacksonville and St. Johns markets.