QuickVisit Urgent Care | Triple Net (NNN) Lease

$1,388,000

801 North Grand Avenue, Mount Pleasant, IA 52641

For Sale

Office Medical

Pending

Last Updated: 06/25/2021

Details:

Cap Rate: 7.65%

NOI: $106,200

Building Size: 3,000 sqft

Lease Type: Triple Net

Year Built: 2020

Price Per Sqft: $462.66

Offered by

Kaveh Ebrahimi

Managing Partner

AiCRE Partners

#01896322

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Andrew Ackerman

Managing Director

Sands Investment Group

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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 12-year roof warranty.
Average household income of $71,031 within a 5-mile radius.
Medical essential business ; Open and operating throughout pandemic.
Right at the intersection of Highways 218 and 34, Grand Avenue is the gateway to the mount pleasant community ; Quickvisit is located on Grand Avenue which sees an average of 10,716 vehicles per day.
Rapidly expanding with multiple clinics that are located throughout Texas and Iowa.
Quickvisit urgent care provides accessible, affordable healthcare for all ages ; They offer a broad range of services such a s onsite x-rays, health management, cold and flu treatment, sutures and much more.
Minutes away from the Iowa Wesleyan University, which was founded in 1842 and ranks as Iowa’s first co-educational institution and the oldest of its type west of the Mississippi River.
U.S. Highway 34, thoroughfare, connects Henry County and Mount Pleasant to Des Moines to the West and interstate 74 to the east, U.S. Highway 218/27, better known as the Avenue of the Saints, links Saint Louis, Missouri to Saint Paul, Minnesota through Henry County and Mount Pleasant.
There are many advantages of doing business in Mount Pleasant and Henry County, thanks to affordable utility rates, fair property tax levies, below average wages and the absence of union activity.
Neighboring Tenants Include : Dollar General, McDonald’s, Pizza Hut, Walmart Supercenter, Orscheln Farm & Home, Quality Inn & Suites, Super 8 b y Wyndham and Many More

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,000 SF QuickVisit Urgent Care Located in 801 N Grand Avenue in Mount Pleasant, IA. 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 Iowa, Inc - Lic. # F06091000
BoR: Andrew Ackerman- IA Lic. # B67615000