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Views: 150 DOM: 378 Updated: 10.15.24 Posted: 11.09.23 Status: Active

Summary

Price $2,960,000
Built/Renov 1999/2023
Tenant Total Point Urgent Care
Cap Rate 7.25%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 2,551
Lease Start 12-01-2023
#Units 12
Price/SF $1,160.33
Expiration 12-01-2043
Tenant Type Medical/Health
NOI $214,583
R. Term 19.0
Ownership Fee Simple
Rent/SF $84.12
Increases 2.0%/1/yrs
Pop 5Mi 80,531
Lot/AC 0.68
Options 4/5yrs/2%
AHHI 5Mi $67,921

Lease Highlights

  • Total Point Urgent Care has 19 years remaining on the current lease term with 4 (5-year) options to extend
  • Lease features 2% annual rent 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 N Judge Ely Blvd and E N 10th St averaging 31,100 vehicles passing by daily. It is also located just off Interstate 20 (38,500 VPD), allowing users to benefit from direct on/off ramp access. The site is an outparcel to a United Supermarkets anchored shopping center. This United Supermarket ranks in...

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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 : 8,647 35,995 81,220
2023 Total Population : 8,585 35,421 80,531
2023 Employed Civilian Pop : 4,374 16,550 38,092
2023 Total Businesses : 169 1,778 3,568
2023 Average Household Income : $ 54,137 $ 62,001 $ 67,921
2023 Total Consumer Spending : $ 152 M $ 740 M $ 1806 M
2023 Median Age : 26 32 35
2023 Total Households : 3,195 13,650 30,424
2023 Pop Age 25+: Bachelor's Degree : 1,003 3,602 9,275
2023 Average Home Value : $ 174,002 $ 164,906 $ 177,041
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
E N 10th St Morrow Ln 2005 6,900 0.07 mi
E N 10th St N Judge Ely Blvd 2005 9,450 0.07 mi
N Judge Ely Blvd E N 10th St 2005 20,360 0.09 mi
E N 10th St N Judge Ely Blvd 2000 10,690 0.14 mi
Ruswood Dr N Judge Ely Blvd 2000 940 0.22 mi
Griffith Rd E N 10th St 2000 1,310 0.30 mi
Washington Boulevard I-20R (Bus) 2021 1,448 0.31 mi
Washington Blvd Radford Dr 2005 2,490 0.32 mi
N Judge Ely Blvd E N 16th St 2005 19,450 0.34 mi
Chriswood Dr Lisa Ln 2000 1,300 0.34 mi

Listing Broker

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