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Fast Pace Health Urgent Care 1020 Highway 62 E 2,820 SF Office Building Mountain Home, AR 72653 $4,340,253 CAD ($1,539.10 CAD/SF) 7.25% Cap Rate



Investment Highlights
- Long-Term Passive Income: The investment opportunity offers investors a brand new 15-year lease with over 13 years remaining.
- Minimal Landlord Oversight: The lease features a modified NNN lease structure with tenant responsible for the roof and landlord
- High-Caliber Tenant: The property is operated by one of the nation’s largest and fastest growing urgent care providers, operating over 300 locations
- Built-In Rent Growth: The lease features 2% annual increases which ensures investors annual income appreciation
- New Construction: This opportunity offers investors a property with attractive real estate and recent construction
- Favorable Depreciation: Due to the extensive build out of this facility
Executive Summary
Broker of Record
Kyle Matthews
License # PB00084217 (AR)
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # PB00084217 (AR)
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,820 SF
Building Class
B
Year Built
2024
Price
$4,340,253 CAD
Price Per SF
$1,539.10 CAD
Cap Rate
7.25%
NOI
$314,668 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,820 SF
Building FAR
0.10
Lot Size
0.64 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- Sep 2039
La mentalité « le patient d'abord » de Fast Pace Health a guidé sa mission de fournir des soins pratiques et compatissants aux communautés qu'elle dessert. Depuis 2009, Fast Pace Health est passé d'une clinique à Collinwood, au Tennessee, à des cliniques dans tout le Tennessee, le Kentucky et le Mississippi, avec des plans d'expansion future.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Health Care and Social Assistance | - | - | Sep 2039 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 007-13995-000 | Improvements Assessment | $51,905 CAD |
| Land Assessment | $38,787 CAD | Total Assessment | $90,692 CAD |
Property Taxes
Parcel Number
007-13995-000
Land Assessment
$38,787 CAD
Improvements Assessment
$51,905 CAD
Total Assessment
$90,692 CAD
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Fast Pace Health Urgent Care | 1020 Highway 62 E
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