79 US-51 | Ripley, TN 38063
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- LoopNet Team
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
| Parcel Number | 077N-A-019.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $331,400 |
PROPERTY TAXES
Parcel Number
077N-A-019.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$331,400
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