Xpress Wellness Urgent Care | Absolute Triple Net Lease

Highlights:

• Brand new construction of an Xpress Wellness Urgent Care – Opening in March 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.
• 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.
• Virtual visits, including telemedicine, quickly and proficiently expand the Xpress wellness operating model beyond traditional brick and mortar.
• 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 develop additional clinics in 2021.
• 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.
• 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.
• 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.
• Ada is located within easy driving distances of three major cities ; It is a main street city and a tree city USA member.
• Ada is home to a World-class EPA water laboratory and the home of the nation's most progressive tribe, the Chickasaw nation.

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,471 Xpress Wellness Urgent Care Located at 1817 E Arlington Street in Ada, OK. This Deal Includes a Brand-New Construction That Will Be Opening in March 2021, Providing For an Excellent Investment.





In Cooperation With Commercial Oklahoma, Inc.
BoR: Matt Weiss – Lic. #176169

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