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QuickVisit Urgent Care | Triple Net (NNN) Lease

$1,352,000

1301 West Panola Street, Carthage, TX 75633

Active
Last Updated: 03/30/2021

7.5

Cap Rate

101,400

NOI

Details:
Cap Rate:    7.5%
NOI:    $101,400
Building Size:    3,000 sqft
Lot Area:    0.45 acres
Year Built:    2020
Price Per Sqft:    $450.67
Highlights:
  • Long term 12 year Triple Net (NNN) Lease with minimal landlord responsibilities.
  • 1.25% annual rental increases with three 5-year option periods.
  • Corporate guarantee from Quickvisit Management, LLC.
  • Long term 15-year roof warranty.
  • Average household income of $62,060 within a 5-mile radius.
  • Medical Essential Business ; Open and operating throughout pandemic.
  • Quickvisit urgent care provides accessible, affordable healthcare for all ages ; They offer a broad range of services such as onsite x-rays, health management, cold and flu treatment, sutures and much more.
  • Rapidly expanding with multiple clinics that are located throughout Texas and Iowa.
  • Texas is an income tax free state.
  • *"As the 9th largest economy among the nations of the world and home to 50 fortune 500 headquarters, Texas offers a business -friendly climate—with no corporate income tax and no personal income tax—along with a highly skilled workforce, easy access to global markets, robust infrastructure and predictable regulations”
  • The City of Carthage is known as the gas capital of the U.S. and the friendliest spot in the world; Carthage has it all - temperate weather, lots of jobs, a low tax base, good schools and churches and the world-famous Texas country music hall of fame.
  • Neighboring tenants include: CVS Pharmacy, AutoZone, O’Reilly Auto Parts, Ace Hardware, Family Dollar, Goodwill Store, Title Max Loans, Hibbett Sports, Longhorn Grill, McDonald’s, Pizza Hut, Taco Bell and many more.
Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,000 SF QuickVisit Urgent Care Located in 1301 West Panola Street in Carthage, TX. This Deal Includes a New Long Term 12 Year Triple Net (NNN) Lease With Minimal Landlord Responsibilities, Providing For a Secure Investment.




In Cooperation With Sands Investment Group Austin, LLC
Lic. # 9004706 BoR: Max Freedman TX Lic. # 644481

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