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Views: 81 DOM: 11 Updated: 09.05.24 Posted: 09.05.24 Status: Active

Summary

Price $3,670,000
Built/Renov 2017
Tenant Total Access Urgent Care
Cap Rate 6.50%
Lease Type NN+
Guarantor Corporate
Size/SF 5,050
Lease Start 11-01-2017
#Units 70
Price/SF $726.73
Expiration 10-31-2037
Tenant Type Medical/Health
NOI $238,488
R. Term 13.1
Ownership Fee Simple
Rent/SF $47.23
Increases 10.0%/3/yrs
Pop 5Mi 404,611
Lot/AC 0.49
Options 0/0yrs
AHHI 5Mi $87,077

Lease Highlights

  • Total Access Urgent Care has 13+ years remaining on the current lease term with no options remaining
  • The lease features 10% rental escalations 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 Hampton Avenue and Wilson Avenue, with access to a combined daily traffic count of 34,000 vehicles. The property is ideally positioned near the on-ramp to Interstate 44, which experiences 102,000 VPD. It is just 10 minutes from Downtown St. Louis, home to major attractions such as Busch Stadium...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

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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Listing Broker

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