1702 Ohio Avenue

Description:

American Realty Network is proud to offer for sale of the Mainstreet Urgent Care located in Live Oak, Florida at 1702 Ohio Avenue North. The site operates under an Absolute Triple Net (tenant is responsible for all repairs and maintenance) a regional urgent care concept with +/-60 locations across Alabama, Florida, Georgia, and North Carolina. The current lease was signed in May 2023 and currently is set to expire in approximately 14 years or on May 30st, 2038. The lease includes 10% rent escalations every five years throughout the base term and each of the four, five-year renewal options. Mainstreet Urgent Care was built in 2023 and the building is 2,300 square feet and sits on a 0.88 acre parcel of land.