Total Access Urgent Care

2501 Clarkson Road, Chesterfield, MO 63017

$3,175,000

Cap Rate 6.50%

Views: 16 DOM: 57 Updated: 04.28.24 Posted: 03.20.24 Status: Active

Summary

Price $3,175,000	Built/Renov 2018	Tenant Total Access Urgent Care
Cap Rate 6.50%	Lease Type NN+	Guarantor Corporate
Size/SF 5,080	Lease Start 03-01-2019	#Units 70
Price/SF $625.00	Expiration 02-28-2039	Tenant Type Medical/Health
NOI $206,272	R. Term 14.9	Ownership Fee Simple
Rent/SF $40.60	Increases 10.0%/1/yrs	Pop 5Mi 138,130
Lot/AC 1.11	Options 0/0yrs	AHHI 5Mi $155,833

Lease Highlights

Total Access Urgent Care has 14+ years remaining on the current lease term
The lease features 10% rental escalations every 5 years throughout the initial term
Favorable NN+ lease with landlord responsible for roof and structure
Corporate guaranteed lease

Location Description

Total Access Urgent Care is strategically located at the signalized, hard corner intersection of Clarkson Road and Kehrs Mill Road, with access to a substantial combined daily traffic count of 45,000 vehicles. Adjacent to the facility is Schnucks, a top-performing grocer nationwide according to Placer.ai. Surrounding the immediate vicinity are well-known national tenants such as Lowe’s, Dick's...

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Key Features

Signalized intersection
Build to suit
Roof guarantee
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee

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Links

Total Access Urgent Care Wikipedia Chesterfield-Ballwin, Missouri Zip Code 63017 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Total Access Urgent Care
Guarantor:Corporate
Company:ICV Partners
# Units:70
Stock:Private

About Tenant

Total Access Urgent Care (TAUC) is a leading urgent care provider in the Greater St. Louis area, offering convenient and high-quality medical services to patients of all ages. TAUC patients spend...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	6,842	64,588	143,325
2023 Total Population :	6,972	63,610	143,156
2023 Employed Civilian Pop :	3,324	33,171	74,280
2023 Total Businesses :	122	2,241	5,564
2023 Average Household Income :	$ 232,629	$ 179,010	$ 179,292
2023 Total Consumer Spending :	$ 469 M	$ 3786 M	$ 8194 M
2023 Median Age :	50	46	46
2023 Total Households :	2,448	25,228	54,577
2023 Pop Age 25+: Bachelor's Degree :	2,003	18,056	39,313
2023 Average Home Value :	$ 555,224	$ 446,409	$ 438,429

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Kehrs Mill Road	Picardy Crest Ct	2016	10,760	0.07 mi
Kehrs Mill Rd	Picardy Hill Dr	2013	5,126	0.08 mi
Kehrs Mill Road	Forest Hill Ridge Ct	2016	7,810	0.17 mi
Clarkson Road	Country Ridge Dr	2022	20,435	0.20 mi
Country Ridge Dr	Sycamore Hill Ct	2013	1,290	0.27 mi
Country Ridge Drive	Baxter Rd	2022	621	0.36 mi
Country Ridge Dr	White Cedar Ct	2009	1,330	0.43 mi
Federal Way	Meadow Oak Dr	2008	1,032	0.52 mi
Clarkson Rd	Clarkson Woods Dr	2010	40,415	0.55 mi
Clarkson Woods Dr	Hunters WayDr	2010	701	0.65 mi

Listing Broker

Bill Asher

Hanley Investment Group

Contact

117 Listings
5263 Views
50 Sold

Jeff Lefko

Hanley Investment Group

Contact

115 Listings
5131 Views
54 Sold

Bill Asher

Bill Asher specializes in advising clients in the acquisition and disposition of retail properties nationwide. With over 20 years of experience in commercial real estate, his transaction expertise, industry relationships, and unparalleled professionalism have allowed him to close and contribute to more than $2 billion in sales, including over 550 sales in the last 10 years. Bill’s dedication and unwavering commitment to his clients have made him one of the top agents at the company earning him

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Jeff Lefko

As Executive Vice President at Hanley Investment Group, Jeff Lefko specializes in advising clients in the acquisition and disposition of retail properties nationwide. Jeff is focused on developing meaningful relationships that go beyond a singular transaction by proactively advising his clients to help achieve their long-term financial goals and objectives. Jeff’s commitment to his clients has allowed him to close over $1.5 billion in sales since 2017, which included 114 transactions va

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