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744 E Lewis and Clark Pky - WellNow Urgent Care Investment Offering 3,500 SF Health Care Building Offered at $3,489,973 CAD at a 6.25% Cap Rate in Clarksville, IN 47129
INVESTMENT HIGHLIGHTS
- Nearly 20,000 VPD on Lewis & Clark Pkwy in front of site
- Brand new single-tenant development in well established regional trade area, located along I-65
- Limited landlord responsibility (roof & structure (new construction building with 20-year roof warranty))
- Convenient access at signalized intersection, directly across from Green Tree Mall, Southern Indiana’s only enclosed mall
- Recently executed 10-year lease with corporate guarantee from strong national tenant
- WellNow Urgent Care, a subsidiary of Aspen Dental, is one of the largest urgent care providers in the United States with over 210 locations
EXECUTIVE SUMMARY
Qualified investors are extended the opportunity to acquire a 100.0% fee simple interest in a newly constructed NN lease WellNow Urgent Care in Clarksville, IN, a major regional trade area of Southern, Indiana. The initial lease term for the new WellNow is ten (10) years with three (3) five (5) year extension terms and limited landlord responsibility. WellNow Urgent Care, a subsidiary of Aspen Dental, is a leading provider of accessible and high-quality healthcare services, specializing in urgent care, occupational health, and telehealth.
The property is a ± 0.67-acre outlot with a 3,500 square foot single-tenant building with frontage along East Lewis and Clark Parkway. It is situated at a signalized intersection, shared with Green Tree Mall, Southern Indiana’s only enclosed mall. The site is passed by nearly 20,000 vehicles per day on East Lewis and Clark Parkway and its strategic location along I-65 puts this property in the dominant regional shopping area for Southern Indiana.
The property is a ± 0.67-acre outlot with a 3,500 square foot single-tenant building with frontage along East Lewis and Clark Parkway. It is situated at a signalized intersection, shared with Green Tree Mall, Southern Indiana’s only enclosed mall. The site is passed by nearly 20,000 vehicles per day on East Lewis and Clark Parkway and its strategic location along I-65 puts this property in the dominant regional shopping area for Southern Indiana.
PROPERTY FACTS
| Price | $3,489,973 CAD | Lot Size | 0.67 AC |
| Price Per Bed | $348,997 CAD | Building Size | 3,500 SF |
| Sale Type | Investment | No. Beds | 10 |
| Cap Rate | 6.25% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2023 |
| Building Class | B |
| Price | $3,489,973 CAD |
| Price Per Bed | $348,997 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Health Care |
| Building Class | B |
| Lot Size | 0.67 AC |
| Building Size | 3,500 SF |
| No. Beds | 10 |
| No. Stories | 1 |
| Year Built | 2023 |
PROPERTY TAXES
| Parcel Number | 10-14-01-901-416.000-012 | Improvements Assessment | $488,039 CAD |
| Land Assessment | $377,909 CAD | Total Assessment | $865,949 CAD |
PROPERTY TAXES
Parcel Number
10-14-01-901-416.000-012
Land Assessment
$377,909 CAD
Improvements Assessment
$488,039 CAD
Total Assessment
$865,949 CAD
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744 E Lewis and Clark Pky - WellNow Urgent Care Investment Offering
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