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Fast Pace Health

11570 US Hwy 70, Arlington (Memphis MSA), TN, 38002
For Sale

Property Details

  • Price: $3,411,000
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 6.65%
  • Lot Size: 1.05 AC
  • Lease Type: NNN
  • Lease Term: 15 years
  • Year Built: 2024
  • Tenancy: Single Tenant
  • Available SF: 3,600 SF

Property Description

SECURE INCOME STREAM

  • 15-Year Modified NNN Lease
    Landlord solely responsible for structure
  • Rare 2% Annual Increases
    Throughout base term and renewal options
  • Corporate Guaranteed Lease
    One of the largest and fastest growing urgent care providers with 265+ locations
  • Brand New High-Quality Brick Construction
    Latest Fast Pace Health prototype
  • U.S. Urgent Care Centers Market to Reach $135 Billion by 2023
    According to report by Grand View Research, Inc.

PROXIMITY

  • 45,288 Residents in Primary Trade Area
    $154,995 average household income in 5-mile radius, 35.5% above national average
  • Direct Access to Interstate 40 with 56,989 VPD
    The third-longest east-west freeway in the U.S. connecting Arlington to Memphis
  • Arlington’s Population Increased Nearly 400% Since 2000
    Shelby County is the largest county in Tennessee with over 936,000 residents
  • 2 Miles to 45-Acre Providence Place
    A mixed-use development with residential lofts, single family homes, retail, office, medical and hotel developments
  • Minutes to Ford’s $5.6 Billion Blue Oval City
    A 3,600 acre campus featuring new electric vehicle and battery manufacturing facilities with 6,000 employees

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

 

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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