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For Sale

Fast Pace Urgent Care

508 U.S. 61,
Natchez, MS 39120

Asset Snapshot

$126,680
NOI
2021
Year Built

Offering Summary

Investment Overview

This medical asset offers an absolute NNN lease structure with zero landlord maintenance or expense responsibilities, 10 years of remaining term, and scheduled 10% rental increases every five years. The asset is positioned within the Beechwood development, an active mixed-use corridor attracting new commercial projects. The Beechwood development project is a growing commercial node currently attracting several new projects in various stages of development. Most notably, a new Medicaid and Medicare facility is scheduled to break ground on an adjacent site, reinforcing the corridor’s long-term relevance as a healthcare and retail destination.


Investment Highlights

  • Zero landlord maintenance or expense responsibilities, providing a truly passive investment
  • 10% rental increases every five years deliver structured, inflation-hedged income growth
  • Three, 5-year renewal options extend the potential lease term well beyond the initial 15-year term
  • 15-year original lease term with approximately 10 years of remaining term as of rent commencement in December 2021
  • Corporate guaranty from one of the top national urgent care operating companies successfully running over 320 clinics across the southeast
  • Structured rental increases provide compounding rent growth over the hold period and provide significant tenure runway for long-term income stability
  • Situated within the Beechwood development project, a commercial hub attracting multiple new projects in various stages of development
  • A new Medicaid and Medicare facility is scheduled to break ground on an adjacent site, reinforcing the property’s position within an emerging healthcare-anchored corridor

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,809,417
Asking Price