Single-Tenant Office Medical
Fast Pace Health
1202 E Tipton St, Seymour, IN 47274
Listing Price: $2,275,862
Cap Rate
7.25%
Tenant Name
Fast Pace Health
Years Remaining On Lease
7.4
Gross SF
4,500
Guarantor
Corporate Guarantee
Rentable SF
4,500
Price/Gross SF
$505.75
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.67
Investment Overview
See Highlights
Fast Pace Health
Investment Highlights
- Best-in-Class Tenant - Fast Pace Health is one of the largest corporate urgent care tenants. Establishing itself as a market leader for accessible, convenient healthcare.
- Absolute Net - The property features an absolute triple net lease. This means zero landlord responsibilities, making it a passive investment with predictable income and minimal risk
- Long Lease Term- The lease still has 7 Years remaining on the initial 15-year lease term, with two (2) 10-year renewal options available.
- Strategic Location - Located in a dense retail area, the subject property is surrounded by national and local tenants such as Walmart, McDonald's, Wendy's, Tractor Supply Co., etc.
Exclusively Listed By
Broker of Record
Listing Price: $2,275,862
Cap Rate
7.25%
Tenant Name
Fast Pace Health
Years Remaining On Lease
7.4
Gross SF
4,500
Guarantor
Corporate Guarantee
Rentable SF
4,500
Price/Gross SF
$505.75
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.67
Investment Highlights
- Best-in-Class Tenant - Fast Pace Health is one of the largest corporate urgent care tenants. Establishing itself as a market leader for accessible, convenient healthcare.
- Absolute Net - The property features an absolute triple net lease. This means zero landlord responsibilities, making it a passive investment with predictable income and minimal risk
- Long Lease Term- The lease still has 7 Years remaining on the initial 15-year lease term, with two (2) 10-year renewal options available.
- Strategic Location - Located in a dense retail area, the subject property is surrounded by national and local tenants such as Walmart, McDonald's, Wendy's, Tractor Supply Co., etc.
Investment Overview
See Highlights
Exclusively Listed By
Broker of Record
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