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Views: 44 DOM: 189 Updated: 04.11.24 Posted: 11.09.23 Status: Active

Summary

Price $3,065,000
Built/Renov 1982/2023
Tenant Total Point Urgent Care
Cap Rate 7.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 2,646
Lease Start 12-01-2023
#Units 12
Price/SF $1,158.35
Expiration 12-01-2043
Tenant Type Medical/Health
NOI $214,583
R. Term 19.6
Ownership Fee Simple
Rent/SF $81.10
Increases 2.0%/1/yrs
Pop 5Mi 102,563
Lot/AC 0.79
Options 4/5yrs/2%
AHHI 5Mi $67,087

Lease Highlights

  • Total Point Urgent Care recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease features 2% annual rental increases
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease

Location Description

Total Point Urgent Care is strategically located off the signalized, hard corner intersection of S 1st St and S Pioneer Dr averaging 33,300 VPD. It is also located just off US Hwy 277 (43,300 VPD), allowing for direct on/off ramp access for travelers. The immediate trade area is supported by surrounding retailers such as Arby’s, KFC, Burger King, and more, promoting strong crossover traffic to...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Total Point Urgent Care is a convenient healthcare resource for underserved communities. Their clinics offer immediate medical care at a fraction of the cost of emergency rooms, without having to...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 10,341 63,812 102,855
2023 Total Population : 10,380 63,976 102,563
2023 Employed Civilian Pop : 4,845 30,120 48,056
2023 Total Businesses : 480 2,597 4,310
2023 Average Household Income : $ 65,864 $ 64,250 $ 67,087
2023 Total Consumer Spending : $ 228 M $ 1416 M $ 2345 M
2023 Median Age : 37 35 34
2023 Total Households : 3,963 25,105 39,948
2023 Pop Age 25+: Bachelor's Degree : 1,108 6,423 11,820
2023 Average Home Value : $ 161,767 $ 162,706 $ 184,144
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
S Pioneer Dr S 1st St 2000 11,980 0.04 mi
S 1st St S Pioneer Dr 2005 20,930 0.11 mi
N 1st St N Pioneer Dr 2005 11,410 0.14 mi
N 1st St N Jefferson St 2005 8,060 0.15 mi
N Pioneer Dr N 1st St 2005 4,890 0.20 mi
S 1st St S Pioneer Dr 2004 16,700 0.21 mi
South 1st Street Winters Fwy 2021 16,057 0.28 mi
N 1st St N San Jose Dr 2005 6,710 0.28 mi
S 5th St S Pioneer Dr 2005 180 0.35 mi
N Danville Dr N 1st St 2005 3,270 0.39 mi

Listing Broker

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