2489 Highway 92 - Medical FOR SALE


Washington, IA 52353
$1,391,379 USD
805-889-7837
2489 Highway 92, Washington, IA for Sale
$1,391,379 USD
Medical - FOR SALE
1/5
null | 7.25% Cap Rate

2489 Highway 92
Washington, IA 52353


HIGHLIGHTS

  • 10+ year NNN lease with minimal landlord responsibilities
  • 1.25% annual rental increases with three 5-year renewal options
  • Corporate guarantee from QuickVisit Management, LLC

OVERVIEW

This brand-new QuickVisit Urgent Care facility in Washington, Iowa, presents a stable and growing income opportunity with a 10+ year NNN lease, corporate-backed financial security, and 1.25% annual rent escalations. Located in Washington County, this property sits in the Iowa City MSA, home to the University of Iowa and a thriving local economy. The site benefits from high visibility, strong demographics, and an 18-year roof warranty, making it a low-maintenance, high-yield investment. This property is available individually or as part of a portfolio with another QuickVisit Urgent Care location in Osceola, IA (312 W McLane St).

FOR SALE DETAILS

PRICE

$1,391,379 USD

PRICE/SF

$464 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kaveh EbrahimiHelios Investment ServicesMore Info
805-889-7837

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Kaveh EbrahimiHelios Investment ServicesMore Info
805-889-7837

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.