Urgent care with 10% lease bumps

New to market for investors is an urgent care net-lease asset in south Georgia. Why should you buy this property?

The 3,250-square-foot structure was built on 3/4 acre in 2022, and has 14 years remaining on the lease.  The lease calls for 10% rent bumps, including over the renewal periods, and the property is situated on a major retail corridor with over 21,000 cars passing the site every day. The lease guarantor operates 38 urgent care facilities around the southeast.

This investment is offered at $2,158,000 with a going-in return of better than 5.5%. Call for further details.

– Steve Massell, Massell Commercial Real Estate