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INVESTMENT HIGHLIGHTS
LONG TERM LEASE: Constructed in 2019, the Fast Pace Urgent Care consists of a 4,050 square foot building on a 1.15-acre parcel. Fast Pace Urgent Care has 10 years remaining on their Triple Net Lease with four (4), five-year renewal options.
ATTRACTIVE RENT INCREASES: The lease features attractive 10% rent increases every five years throughout the primary lease term and at the start of each of the 5-year renewal options, providing the investor with an attractive increase in revenue and a hedge against inflation.
STRATEGIC RETAIL LOCATION: The property is strategically situated along KY Highway 44 E, one of the area’s primary commercial and commuter corridors. Fast Pace Urgent Care is shadow anchored by a Kroger and is surrounded by prominent national retailers and restaurants, all of which drive traffic to the area. The Property enjoys convenient access to the area’s major roadways including Interstate 65 and KY Routes 61 and 480. Additionally, the Property is encircled by the area’s residential neighborhoods, is seconds from several area schools, and within 3-miles of several large industrial and distribution centers, all of which provide a built-in customer base.
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