INVESTMENT HIGHLIGHTS
LONG TERM LEASE: Access Health Urgent Care has 14+ years remaining on their Absolute NNN Lease with five (5), 5-Year renewal options. The new construction stand-alone building consists of 3,003 square feet and sits on 1.015-acres of land.
ATTRACTIVE RENT INCREASES: The lease features attractive 1% annual rent increases in years 3-10 and 1.25% annual rent increases for years 11-15. The renewal options call for annual increases based on the lesser of the change in the CPI or 2% providing the investor with an attractive increase in revenue and a hedge against inflation.
STRATEGIC RETAIL LOCATION: Access Health Urgent Care is strategically positioned along S Colorado Street (US Route 183), the area’s primary commercial and commuter corridor. The Property is surrounded by the area’s national retailers and enjoys convenient access to the area schools. The Property is more than 20 miles from the nearest hospital, filling a need for Urgent Care facilities in the immediate area.
