2731 Allison Bonnett Memorial Dr - Storefront Retail/Office FOR SALE


Hueytown, AL 35023
$4,145,000 USD
949-903-3399
2731 Allison Bonnett Memorial Dr, Hueytown, AL for Sale
$4,145,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 6.55% Cap Rate

2731 Allison Bonnett Memorial Dr
Hueytown, AL 35023


HIGHLIGHTS

  • Brand New 15 Yr. NNN Corp. Leases by Fast Pace Urgent Care - Strong Private Co. with Huge Growth
  • High Profile Locations within Dense Trade Areas - Surrounded by all Major Retail Traffic Generators
  • Fast Growing Suburban Cities of Daphne, AL, Hueytown, AL and Paris, KY - Strong Demo’s ($105,917)
  • The U.S. Urgent Care Market is One of Fastest Growing Segments - Nearly 29% All Primary Care Visits
  • Strong Private Company - 265+ Clinics - Dual Urgent Care/Physical Therapy - Fastest Growth in Southeast
  • 10% Bumps every 5 Yrs. with Options - Brand New 2023 Prototypes - LL only Responsible for Structure

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a single tenant Fast Pace Health Urgent Care & Physical Therapy Concept in Hueytown, AL. Fast Pace Health operates over 250 clinics across 6 states and is dedicated to improving healthcare access through convenient and affordable care centers. The NNN lease has over 14 lease years remaining in the primary term, three 5-year option periods, 10% rent increases every 5 years, a corporate guarantee and minimal landlord responsibilities proving years of inflation resistant cash flows. The 2022 built 6,984 SF building on 0.74-acre parcel is strategically positioned on the hard corner of Allison-Bonnett Memorial Drive (29,725 VPD) and Owen Circle. Nearby retailers include Walmart Supercenter, Publix, Piggly Wiggly, ALDI, Walgreens, CVS, Wells Fargo, Dollar Tree, Dollar General, McDonald’s, Taco Bell and KFC. This is an excellent opportunity to own a long term NNN leased corporate guaranteed Fast Pace Health with 15 years in option periods, rent increases every 5 years and minimal landlord responsibilities providing investors with inflation resistant income for years to come.

FOR SALE DETAILS

PRICE

$4,145,000 USD

PRICE/SF

$593 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fast Pace Health Urgent Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

Warehouse

APN/PARCEL ID

30-00-21-3-003-002.003,30-00-21-3-003-003.000

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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

Eric CarltonColliersMore Info
949-903-3399

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