Fast Pace Health

Highlights:

• Flagship Location — Birthplace of Fast Pace Health: The property is the site of Fast Pace Health’s very first clinic, opened in Collinwood, TN in October 2009. What began as a single walk-in clinic has since grown into a network of 300+ healthcare centers across eight states, making this location a foundational piece of the company’s history and brand identity. The site is located along Tennessee State Route 13, the main corridor through downtown Collinwood, near its interchange with the Natchez Trace Parkway.
• Rural Healthcare Necessity Provider: Collinwood is a small, service-oriented community in Wayne County, Tennessee, with limited competing healthcare alternatives in the immediate trade area. Fast Pace Health’s clinic model — extended hours, walk-in accessibility, and a broad range of services — positions the property as an essential, necessity-based healthcare resource for the surrounding rural population.
• 2019 Build-to-Suit Medical Facility: The property features a 3,600 SF build-to-suit urgent care facility completed in 2019, specifically designed to accommodate Fast Pace Health’s operational and medical requirements, including exam rooms and an X-ray suite. The modern construction includes a functional healthcare layout and contemporary building systems, providing a high-quality, purpose-built medical asset.
• NNN w/ Limited LL Responsibilities: With approximately 4.7 years remaining on the primary term, the lease keeps ownership refreshingly hands-off. Tenant covers interior maintenance, parking lot upkeep, snow removal, utilities, HVAC and reimbursement of taxes and insurance — leaving Landlord responsible only for the maintenance/replacement of roof/structure, foundation, and parking lot resurfacing.
• Built-in Rent Growth at Renewal: Base rent steps up approximately 5% in each of the two 6-year renewal options, providing built-in income growth.
• Strong Healthcare Tenant with Private Equity Backing: The property is leased to Fast Pace Health (operating as Fast Pace Urgent Care), a leading rural healthcare provider with 300+ clinics across eight states. The platform is backed by Revelstoke Capital Partners, a Denver-based, healthcare-focused private equity firm with over $6 billion in AUM, reinforcing operational strength and long-term growth strategy
• Recession-Resistant Healthcare Asset: Urgent care is a necessity-based medical service providing non-discretionary healthcare. The sector has demonstrated resilience through economic cycles and benefits from increasing demand for convenient, cost-effective medical treatment.

Description:

AiCRE Partners, as exclusive investment sales advisor to Seller, is pleased to offer the opportunity to acquire the fee simple interest of Fast Pace Health Urgent Care in Collinwood, TN.

This offering presents the opportunity to acquire a 3,600 SF single-tenant urgent care facility built in 2019 and situated on a 0.61-acre parcel along 1st Avenue South in Collinwood, Tennessee. The property is located along Tennessee State Route 13, the primary corridor through downtown Collinwood near its interchange with the Natchez Trace Parkway, and holds particular significance as a market with deep roots for the tenant — Collinwood is the town where Fast Pace Health opened its first-ever clinic in 2009, and the company has continuously operated in the community ever since, with the current 3,600 SF facility constructed in 2019 as a build-to-suit replacement.

The asset is 100% leased to Fast Pace Health, a leading rural healthcare provider across the Southeast and Midwest, operating under a 12-year NNN lease with approximately 4.7 years remaining on the primary term and two (6-year) renewal options. Landlord retains responsibility for roof, structure, parking lot resurfacing and capital expenditures, while Tenant is responsible for interior maintenance, HVAC, and reimbursement of taxes and insurance — a low-management ownership profile.

The property is positioned along 1st Avenue South in the heart of downtown Collinwood, near Collinwood Hardware and other long-standing local businesses, and serves as an established healthcare anchor for Wayne County and the surrounding rural, tri-state trade area near the Alabama and Mississippi borders.

Fast Pace Health is a Tennessee-based healthcare provider operating a network of 300+ urgent care, primary care, and specialty clinics across eight states in the Southeast and Midwest. Founded in 2009 in Collinwood, TN and headquartered in Franklin, TN, the company delivers convenient outpatient medical services to rural and underserved communities, including urgent care, primary care, behavioral health, dermatology, orthopedics, and telehealth. The platform is supported by private equity firm Revelstoke Capital Partners, a Denver-based, healthcare-focused private equity firm with over $6 billion in assets under management, which has helped accelerate the brand’s growth since 2018.

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