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79 US-51
Ripley, TN 38063
Fast Pace Health | 280+ Unit Operator · Office Property For Sale

Investment Highlights

  • Medical Office Investment – Investors are drawn to medical real estate due to its resilience in the face of economic fluctuations, tendency to retain
  • Enticing Year-1 Yield – This investment opportunity provides an appealing Year-One return of 8.50% and asset security throughout the lease’s life
  • Fast Pace Health – Fast Pace Health is one of the fastest growing and most sought after urgent care providers in the country as they have grown
  • Multi-Building Site – This opportunity features two buildings on the parcel with the primary building being leased by Fast Pace Health
  • Passive Lease Structure – The primary tenant is on a NNN lease, reducing the expense exposure for owners and delivering a hands-off investment
  • Private Equity Investment – Fast Pace Health has received multiple rounds of private equity sponsorships, leading to increased partnerships

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
6,136 SF
Building Class
B
Year Built
2001
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,136 SF
Building FAR
0.06
Lot Size
2.26 AC
Zoning
B2
Parking
54 Spaces

Property Taxes

Property Taxes

Parcel Number
077N-A-019.00
Land Assessment
$69,000
Improvements Assessment
$262,400
Total Assessment
$331,400
  • Listing ID: 30373180

  • Date on Market: 12/14/2023

  • Last Updated:

  • Address: 79 US-51, Ripley, TN 38063

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