2801 Highway 78 E 2,700 SF Office Building Jasper, AL 35501 $3,142,857 ($1,164.02/SF) 7% Cap Rate

The Fast Pace Health urgent care facility in Jasper, Alabama presents an attractive, newly constructed NNN investment opportunity backed by one of the nation’s largest rural health providers. The asset features a 2024 build with contemporary medical construction standards and sits prominently along Highway 78, a key regional corridor offering steady traffic flow and exceptional visibility. Jasper serves as the economic center of Walker County, with a diverse economic base spanning healthcare, retail, and manufacturing, and benefits from proximity to Birmingham, allowing the area to draw patients and workers from a broader regional population.
Fast Pace Health operates more than 300 clinics across eight states, supported by strong private-equity backing and an expanding multi-specialty rural care platform. The tenant executed a 15-year NNN lease commencing April 2025 with fixed 2 percent annual increases and three five-year renewal options, providing structured income growth and long-term durability for investors. The lease offers zero landlord responsibilities, making this a stable, low-maintenance, passive investment for buyers seeking medical credit tenancy with predictable cash flow.
The Jasper location aligns with the operator’s strategic expansion into underserved rural markets, supported by partnerships with major urgent care and primary care platforms including Calcasieu Urgent Care and First Care Clinics. Recent investment activity from Revelstoke Capital Partners underscores the strength and growth trajectory of the brand and adds institutional momentum to the tenant’s operations. The surrounding area provides a strong consumer base with consistent demographic performance and demand for accessible healthcare services.
This offering combines new construction, a nationally scaled medical tenant, long-term passive income, and a high-visibility location, positioning it as a compelling acquisition for investors seeking reliable returns within the healthcare real estate segment.