Loading…
Fast Pace Urgent Care Clinic | 5.75% Cap Rate | Remaining Lease Term: 14 Years
Offer Price
$4,087,095
5.75%
$235,008
15 yrs
Fast Pace Urgent Care Clinic | 5.75% Cap Rate | Remaining Lease Term: 14 Years
AiCRE Partners is pleased to present the opportunity to acquire the fee simple interest in the Fast Pace Health urgent care facility located at 255 E Main Street in Hendersonville, Tennessee, within the Nashville MSA. The newly constructed 3,600-square-foot medical facility is backed by a corporate-guaranteed, modified NNN lease with approximately 14 years of initial term remaining and minimal landlord responsibilities, providing investors with stable, long-term income. The lease features 2% annual rental increases and three five-year renewal options, offering consistent income growth and long-term investment security. Fast Pace Health is a leading healthcare provider operating more than 295 clinics across eight states, with a focus on delivering urgent care, primary care, and other essential medical services to growing suburban and underserved communities. Strategically positioned near US-31E and SR-386, the property benefits from strong visibility, convenient regional access, and proximity to major retailers including Costco, Target, and Kroger. With annual NOI of $235,008, this asset offers investors the opportunity to acquire a newly built healthcare property supported by a strong corporate guarantor in one of the Nashville region’s fastest-growing suburban markets.
Investment bullets
Premier medical tenant with extensive multi-state platform | Long-term corporate guaranty with approximately 14 years remaining | 2% annual rental increases including renewal terms | Minimal landlord responsibilities under modified NNN lease | Strategic presence in growing healthcare market | Three 5-year renewal options for income stability
Selling point highlights
Located in one of Greater Nashville's fastest-growing submarkets | Affluent demographics with median HH incomes near $100,000 | Proximity to major retail anchors like Costco, Target, Kroger | Excellent regional access via US-31E and SR-386 | Limited future commercial supply with barriers to competition | Beneficiary of over $1 billion in approved local development
Nearby retailers
Costco, Target, Kroger, Kohl's, Staples, Petco, Streets of Indian Lake
Traffic notes
Accessible via US-31E and SR-386 (Vietnam Veterans Boulevard) with strong regional connectivity in Sumner County
Demographics notes
Affluent trade area with median household incomes approaching $100,000 within 5 miles; population and household growth projected over 6% through 2030
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
AiCRE PartnersThis listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.