St. Mary's, PA - WellNow

Description:

• ASP UC Support, LLC dba WellNow recently signed a brand-new 10-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is guaranteed by ASP UC Support, LLC, a subsidiary of Aspen Dental, founded WellNow in 2011 and has expanded to over 200 locations making WellNow one of the top 10 urgent care providers in the US
• WellNow is located in New York, Illinois, Ohio Wisconsin, Indiana, Pennsylvania, and Michigan
• The lease features 8% rental increases every 5 years and at the beginning of each option period, generating NOI and hedging against inflation

• WellNow is strategically fronting South St. Mary’s Street averaging 17,200 vehicles passing by daily
• Brand-new construction which features high-quality materials, distinct design elements, and high-level finishes
• Located along the Million Dollar Highway retail corridor
• Nearby tenants of Rite Aid, Big Lots, Tractor Supply Co., Dollar Tree, AutoZone, and more
• The asset has excellent visibility via street frontage, increasing consumer draw to the property

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Listing ID: a288X0000065EqxQAE