Xpress Wellness Urgent Care | Absolute Triple Net Lease

Highlights:

• Brand New Construction Xpress Wellness Urgent Care – Opening in January 2021
• Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities – Three (5) Year Option Periods and 1.25% Annual Rental Increases Beginning Year 3
• Corporate Guarantee From Xpress Wellness Holdings, LLC
• Strong Population of 20,555 Making an Average Household Income of $68,048 Within a 3-Mile Radius
• Located Directly on the Corner of E 10th St and Kansas Route 15 Which Sees About 18,045 Vehicles Per Day
• Xpress Wellness is Open 7 Days a Week Offering In-Network Providers, Online Check-In, Virtual Visits, Including Telemedicine and Ready to Treat Non-Life-Threatening Injuries and Illnesses
• Xpress Wellness Urgent Care is the Largest Urgent Care Operator in Secondary Markets in Oklahoma With Recent Expansion Into the Kansas Market
• Founded in 2014, Xpress Wellness Currently Has 19 Locations Across Oklahoma and Kansas With Plans to Open 14 Additional Clinics in 2020
• In November 2018, Latticework Capital Management, a Dallas Based Private Equity Group, Partnered With Xpress Wellness Urgent Care Resulting in Additional Capital For Continued Growth For the Concept, Read More Here
• Latticework Capital Management Has Broad Experience Across the Healthcare Ecosystem Having Completed Over 85 Transactions Across a Diverse Array of Healthcare Subsectors Representing Over $1.5 Billion of Equity Investments
• Virtual Visits, Including Telemedicine, Quickly and Proficiently Expand the Xpress Wellness Operating Model Beyond Traditional Brick and Mortar
• Service Lines Capture a Wide Range of Patients From Urgent Care, Primary Care, Occupational Medicine and Workers Comp
• “Retailization” of Healthcare – Retail Focused Model Maximizes Patient Convenience and Comfort and Creates Synergies With Nearby Tenants
• Presence Within Smaller Communities Makes Xpress Wellness a Rising Independent Provider in Rural Markets
• Neighboring Tenants Include: Dillons Food Store, Walgreens, Kwik Shop, The Citizens Bank, Kroger Fuel, Sonic Drive-In, Wendy’s, McDonald’s and Many More

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,600 SF Xpress Wellness Urgent Care Located at 106 E 10th Street in Newton, Kansas. This Opportunity Includes a New Construction 15-Year Absolute Triple Net Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.


In Cooperation With Sands Investment Group Kansas, LLC - Lic. #CO00002897
Broker of Record: Max Freedman – Lic. #00241927

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