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Fast Pace Health Urgent Care 255 E Main St 3,600 SF Office Building Hendersonville, TN 37075 $4,087,095 ($1,135.30/SF) 5.75% Cap Rate
Investment Highlights
- The surrounding trade area continues to experience meaningful residential expansion, with five-mile population.
- The surrounding commercial district combines grocery, pharmacy, fitness, restaurants, retail, and medical providers.
- The City of Hendersonville has more than $1 billion in approved development, including continued retail, office, residential.
- The property benefits from proximity to Hendersonville’s primary retail corridors, including Costco, Target, Kroger, Kohl’s, Staples, Petco.
- City officials note that Hendersonville has relatively little remaining commercially zoned land available for development.
- Fast Pace Health operates one of the nation’s leading rural and suburban urgent care platforms.
Executive Summary
AiCRE Partners is pleased to present the opportunity to acquire the fee simple interest of the Fast Pace Health urgent care facility located at 255 East Main Street in Hendersonville (Nashville MSA), TN.
This asset is backed by a corporate-guaranteed, absolute NNN (Modified) lease with approximately 14 years of initial term remaining, ensuring zero landlord responsibilities and stable income. The lease includes 2% rental increases annually and three five-year renewal options, providing long-term growth potential. Fast Pace Health, a leading provider with over 295 clinics across six states, serves as an essential healthcare operator focused on underserved rural and suburban markets. Positioned along East Main Street in the heart of Hendersonville’s established retail corridor, this 3,600 SF building offers investors a passive, inflation-protected income stream supported by one of the fastest-growing brands in urgent care, in a market with limited competition and solid economic drivers.
This asset is backed by a corporate-guaranteed, absolute NNN (Modified) lease with approximately 14 years of initial term remaining, ensuring zero landlord responsibilities and stable income. The lease includes 2% rental increases annually and three five-year renewal options, providing long-term growth potential. Fast Pace Health, a leading provider with over 295 clinics across six states, serves as an essential healthcare operator focused on underserved rural and suburban markets. Positioned along East Main Street in the heart of Hendersonville’s established retail corridor, this 3,600 SF building offers investors a passive, inflation-protected income stream supported by one of the fastest-growing brands in urgent care, in a market with limited competition and solid economic drivers.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,600 SF
Building Class
B
Year Built
2025
Price
$4,087,095
Price Per SF
$1,135.30
Cap Rate
5.75%
NOI
$235,008
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,600 SF
Building FAR
0.11
Lot Size
0.76 AC
Zoning
OPS
1 1
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 159J-A-018.00 | Improvements Assessment | $157,920 |
| Land Assessment | $399,000 | Total Assessment | $556,920 |
Property Taxes
Parcel Number
159J-A-018.00
Land Assessment
$399,000
Improvements Assessment
$157,920
Total Assessment
$556,920
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Contact the Sale Advisor
Fast Pace Health Urgent Care | 255 E Main St