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For Sale

Fast Pace Health

1648 Pelham Rd S,
Jacksonville, AL 36265

Asset Snapshot

$180,000
NOI
2023
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

This offering is a new build for Face Pace Health in Jacksonville, Alabama who recently signed a 15-year NN lease with 3 x 5 year options, and 10% increases every 5 years. Fast Pace Health has 295 locations in 8 states with 2,495 healthcare providers and experts.


Investment Highlights

  • New construction with a medical tenant that has 295 locations in 8 states and continues to grow.
  • Strong net lease with 10% increases every 5 years with 3 x 5 year options at the end of the initial 15 years.
  • Across the street from a Walmart Supercenter, Jacksonville State University Regional Medical Center, Military Armory, banks, restaurants and more.
  • Jacksonville State University is located approximately 2 miles to the north with 9,000 students and 500 staff.
  • Traffic count of 25,176 cars passing per day and 64,000 people living within 10 miles of the Face Pace Health.
  • The Walmart across the street has an impressive 2,200,000 visitors last year

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Listing Syndicated From

Buildout
For Sale
$2,749,000
Asking Price