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Details: Retail

Asking Price: $4,112,000

Square Feet: 6,000 SF

Asking Cap Rate: 6.25%

Year Built: 2022

NOI: $257,000

Lease Structure: Absolute NNN

Fast Pace Urgent Care

41375 U.S. Hwy 280, Sylacauga, AL 35150

  • Modified triple net lease (Minimal Landlord Responsibilities)
  • 15-Year, Lease
    • 2022 construction
    • 3 (5-year) options to extend
  • 10% rent escalations in 2028 & 2033
  • Lease is Corporately Guaranteed by Fast Pace Urgent Care
  • Excellent Trade Area located on a main retail corridor with Walmart, Target, Home Depot, and Publix.
  • Sylacauga Population – 12,578
  • Subject property is outparcel to Publix and Hobby anchored shopping center
  • US Hwy 280 has a traffic count of 20,243 ADT
  • New construction within the premier retail development in the market
  • One of the fastest growing Urgent Care concepts in the country

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