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Single-Tenant Office Medical

Fast Pace Health Urgent Care | 2% Annual Increases | Near Arkansas State (18K+ Students)

1407 E Highland Dr, Jonesboro, AR 72401

Listing Price: $3,136,000

Cap Rate
7.25%
Tenant Name
Fast Pace Health Urgent Care
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
3,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$63.15

Investment Overview

Marcus & Millichap is pleased to present the Fast Pace Urgent Care in Jonesboro, Arkansas.

Investment Highlights

  • 14 Years Remaining with 2% Annual Increases in Base Term and Options
  • One of the Nation's Leading Providers of Urgent Care Services with 394+ Locations
  • Brand New State-of-the-Art Facility, Modified NNN Lease with Landlord Responsible for Structure Only
  • Fast Pace Offers Complimentary Services Like Primary Care, Behavioral Health, and Occupational Health
  • Serving 115,000+ Residents in Growing Trade Area in Northeast Arkansas
  • Average Household Income Exceeds $101,000 within 1-Mile, Wealthy Consumer Base
  • ½ Mile to New $77 Million Multi-Sport Regional Complex Projected to Attract Thousands of Visitors Annually
  • 1 Mile to New $100 Million Mixed-Use Condo Project on 80 Acres with 100 Luxury Condos

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Single-Tenant Office Medical

Fast Pace Health Urgent Care | 2% Annual Increases | Near Arkansas State (18K+ Students)

Listing Price: $3,136,000

Cap Rate
7.25%
Tenant Name
Fast Pace Health Urgent Care
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
3,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$63.15

Investment Highlights

  • 14 Years Remaining with 2% Annual Increases in Base Term and Options
  • One of the Nation's Leading Providers of Urgent Care Services with 394+ Locations
  • Brand New State-of-the-Art Facility, Modified NNN Lease with Landlord Responsible for Structure Only
  • Fast Pace Offers Complimentary Services Like Primary Care, Behavioral Health, and Occupational Health
  • Serving 115,000+ Residents in Growing Trade Area in Northeast Arkansas
  • Average Household Income Exceeds $101,000 within 1-Mile, Wealthy Consumer Base
  • ½ Mile to New $77 Million Multi-Sport Regional Complex Projected to Attract Thousands of Visitors Annually
  • 1 Mile to New $100 Million Mixed-Use Condo Project on 80 Acres with 100 Luxury Condos

Investment Overview

Marcus & Millichap is pleased to present the Fast Pace Urgent Care in Jonesboro, Arkansas.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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