Single-Tenant Office Medical
Fast Pace Health Urgent Care | Brand New 2023 Construction | 15 Year Lease with 2% Annual Increases
3719 S Western Ave, Marion, IN 46953
Listing Price: $2,992,000
Investment Overview
The Sulo Group is pleased to present a Fast Pace Urgent Care located in Marion, IN.
Fast Pace’s journey began in 2009 with one clinic in Collinwood, Tennessee and has since grown to a network of 240+ healthcare centers across Tennessee, Kentucky, Louisiana, Mississippi, Indiana, and Alabama. Fast Pace Health has been committed to bringing quality, affordable, and accessible healthcare to underserved rural communities.
The FP UC Holdings, LLC corporate guaranteed lease has 15 years remaining on its initial lease term with three, five-year options to extend, demonstrating their commitment to the site. The lease features 2.00% annual rental increases throughout the initial term and continuing into the option periods, growing NOI and hedging against inflation.
Fast Pace Health Urgent Care | Brand New 2023 Construction | 15 Year Lease with 2% Annual Increases
Investment Highlights
- Corporate Guaranty from Fast Pace Urgent Care Holdings (240+ Units)
- 15 Year Lease | 2.00% Annual Rental Increases
- Brand New 2023 Construction | NNN Lease with Limited Landlord Responsibilities
- Across from Walmart Supercenter and Meijer | 22,000+ Cars per Day
Exclusively Listed By
Broker of Record
Financing By
Single-Tenant Office Medical
Fast Pace Health Urgent Care | Brand New 2023 Construction | 15 Year Lease with 2% Annual Increases
Listing Price: $2,992,000
Investment Highlights
- Corporate Guaranty from Fast Pace Urgent Care Holdings (240+ Units)
- 15 Year Lease | 2.00% Annual Rental Increases
- Brand New 2023 Construction | NNN Lease with Limited Landlord Responsibilities
- Across from Walmart Supercenter and Meijer | 22,000+ Cars per Day
Investment Overview
The Sulo Group is pleased to present a Fast Pace Urgent Care located in Marion, IN. Fast Pace’s journey began in 2009 with one clinic in Collinwood, Tennessee and has since grown to a network of 240+ healthcare centers across Tennessee, Kentucky, Louisiana, Mississippi, Indiana, and Alabama. Fast Pace Health has been committed to bringing quality, affordable, and accessible healthcare to underserved rural communities. The FP UC Holdings, LLC corporate guaranteed lease has 15 years remaining on its initial lease term with three, five-year options to extend, demonstrating their commitment to the site. The lease features 2.00% annual rental increases throughout the initial term and continuing into the option periods, growing NOI and hedging against inflation.
Exclusively Listed By
Broker of Record
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Josh Caruana
First Vice President/District Manager
Financing By
