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| Price $2,565,000 | Built/Renov 2023 | Tenant Fast Pace Health Urgent Care |
| Cap Rate 6.55% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
3,762
| Lease Start
04-20-2023
| #Units
250
|
| Price/SF $681.82 | Expiration
08-31-2038
| Tenant Type Medical/Health |
| NOI $168,000 | R. Term 13.9 | Ownership Fee Simple |
| Rent/SF
$44.66
| Increases 10.0%/5/yrs | Pop 5Mi 43,534 |
| Lot/AC 0.60 | Options 3/5yrs/10% | AHHI 5Mi $105,917 |
| | |
Fast Pace Health Urgent Care is strategically located at the signalized, hard corner intersection of Spanish Fort Blvd (Highway 31) and State Route 181 (Jimmy Faulkner Drive), with access to a combined daily traffic count of 42,000 vehicles. Additionally, the property is within one mile of various retail centers such as Eastern Shores Centre, a regional mall, and Eastern Shores Plaza, a power...
...Signalized intersection
Hard corner intersection
Build to suit
Dense retail corridor
Near major nationals
Affluent AHHI $100K 5 Mi
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee
Over 100 Units backed
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,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,288 | 22,501 | 44,161 |
| 2023 Total Population : | 4,109 | 21,742 | 41,636 |
| 2023 Employed Civilian Pop : | 1,936 | 11,192 | 21,595 |
| 2023 Total Businesses : | 159 | 919 | 1,580 |
| 2023 Average Household Income : | $ 110,228 | $ 103,309 | $ 106,165 |
| 2023 Total Consumer Spending : | $ 150 M | $ 778 M | $ 1508 M |
| 2023 Median Age : | 50 | 44 | 42 |
| 2023 Total Households : | 1,608 | 8,808 | 16,573 |
| 2023 Pop Age 25+: Bachelor's Degree : | 865 | 4,386 | 7,949 |
| 2023 Average Home Value : | $ 329,722 | $ 302,207 | $ 333,679 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Spanish Fort Blvd | Ember Ln | 2002 | 10,660 | 0.31 mi |
| State Rte 225 | Spaniel Dr | 2020 | 10,006 | 0.56 mi |
| AL 225 | Blakeley Forest Blvd | 2021 | 10,006 | 0.56 mi |
| Blakeley Way | Clark Ln | 2021 | 2,470 | 0.59 mi |
| Spanish Fort Boulevard | Confederate Dr S | 2021 | 22,665 | 0.70 mi |
| Spanish Fort Boulevard | Spanish Fort Blvd | 2019 | 23,705 | 0.73 mi |
| Spanish Fort Boulevard | 2014 | 10,640 | 0.78 mi | |
| Old Spanish Trail | Patrician Dr W | 2021 | 16,989 | 0.98 mi |
| Spanish Main | Bull Run Rd | 2021 | 3,282 | 0.99 mi |
| Spanish Main | Rebel Rd | 2020 | 3,282 | 0.99 mi |
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Cap Rate 6.00%
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Cap Rate 6.75%
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Size/SF 3,702
Lenoir, NC
Cap Rate 6.00%
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Willingboro, NJ
Cap Rate 7.25%
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Cap Rate 6.50%
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Cap Rate 6.00%
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Cap Rate 6.25%
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Cap Rate 7.45%
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R. Term 14.80 yrs
Size/SF 2,740
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Cap Rate 6.75%
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R. Term 13.11 yrs
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Corbin, KY
Cap Rate 6.35%
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R. Term 13.30 yrs
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Navarre, FL
Cap Rate 6.75%
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R. Term 9.00 yrs
Size/SF 5,626
Lincoln, AL
Cap Rate 6.35%
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R. Term 13.50 yrs
Size/SF 3,726
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
