Fast Pace Health Urgent Care

32 South Broadview Street, Greenbrier, AR 72058

$2,800,000

Cap Rate 7.45%

Views: 98 DOM: 148 Updated: 10.06.24 Posted: 08.27.24 Status: Active

Summary

Price $2,800,000	Built/Renov 2024	Tenant Fast Pace Health Urgent Care
Cap Rate 7.45%	Lease Type NN+	Guarantor Corporate
Size/SF 2,740	Lease Start 07-01-2024	#Units 261
Price/SF $1,021.90	Expiration 06-30-2039	Tenant Type Medical/Health
NOI $208,582	R. Term 14.5	Ownership Fee Simple
Rent/SF $76.12	Increases 2.0%/1/yrs	Pop 5Mi 14,590
Lot/AC 1.16	Options 3/5yrs/2%	AHHI 5Mi $77,090

Phil Sambazis

Marcus & Millichap

Contact

Lease Highlights

Brand new 2024 construction
Fast Pace Health Urgent Care has 14+ years remaining on the current lease term with 3 (5-year) options to extend
The lease features 2% annual rental increases throughout the initial term and option periods
Favorable NN+ lease with landlord responsible for structure only
Corporate guarantee | Investment graded tenant

Location Description

Fast Pace Health Urgent Care is strategically located on S Broadview Street, a major artery with access to 27,000 vehicles passing by daily. The property enjoys minimal competition and a high demand for services. It is situated just north of the award-winning Conway Regional Medical Center, which serves seven counties in North Central Arkansas, and minutes from the University of Central...

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Key Features

New construction
Build to suit
Dense retail corridor
Near major nationals
Strategically located
Brand new lease
Long 15+ yr lease
Favorable NN+ lease
Traded and rated company
Investment grade tenant

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Links

Fast Pace Health Urgent Care Wikipedia Greenbrier, Arkansas Zip Code 72058 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Fast Pace Health Urgent Care
Guarantor:Corporate
Company:FP UC Holdings, Inc
# Units:261
Stock:Private

About Tenant

Fast Pace Health Urgent Care is a leading provider of outpatient healthcare services to rural communities. The company offers a wide variety of medical services in underserved communities,...

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Listing Broker

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