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2489 Highway 92 3,000 SF Retail Building Washington, IA 52353 $1,620,000 ($540/SF) 6.30% Cap Rate
Investment Highlights
- New Construction
- Heavily Plumbed
- Pylon Signage
Executive Summary
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.
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
3,000 SF
Building Class
B
Year Built
2023
Price
$1,620,000
Price Per SF
$540
Cap Rate
6.30%
NOI
$102,060
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.82 AC
Zoning
UR
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 11-16-476-004 | Improvements Assessment | $6,122,000 |
| Land Assessment | $279,100 | Total Assessment | $6,401,100 |
Property Taxes
Parcel Number
11-16-476-004
Land Assessment
$279,100
Improvements Assessment
$6,122,000
Total Assessment
$6,401,100
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2489 Highway 92
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