New Construction Fast Pace Health Urgent Care

Highlights:

• New construction fast pace health urgent care
• Ideal 1031 exchange opportunity
• Long-term lease with 10 years remaining
• 1.25% annual rental increases with two 6-year option periods
• Triple net (NNN) leases with landlord responsible for roof and parking lot (structure only ; includes long term roof warranty)
• Stable regional tenant undergoing rapid growth
• Fast pace health currently operates over 113 clinics across 4 states
• As an industry leader, fast pace has evolved and adapted within the healthcare sector by expanding their services and updating their name to fast pace health urgent care
• Fast pace health has adopted telehealth services as an option for their patients and is expanding the service throughout its network of clinics
• In 2016, revelstoke capital partners completed its fast pace acquisitions as its private equity sponsor; this represents more than $1.2 billion of total enterprise value for revelstoke
• In 2018, CRG (A Leading Healthcare Investment Firm) partnered with fast pace urgent care and revelstoke, resulting in additional capital for continued growth of the concept
• Urgent care is a $16 billion industry with 3.5% annual growth; Approximately 9,300 clinics in operation in the U. S. as of November 2015 employing approximately 73,000 healthcare professionals*
• “Urgent care clinics handle about 89 million patient visits each year, which includes more than 29% of all primary care visits in the U. S ., and nearly 15% of all outpatient physician visits” – ceo urgent care association**

Description:

Sands Investment Group is pleased to exclusively offer for sale the 3,600 SF fast pace health at 1118 North Gateway Avenue in Rockwood, TN. This offering includes an ideal 1031 exchange opportunity with 10 years remaining on a long-term lease, providing for a unique investment.

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973

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