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QuickVisit Urgent Care | Triple Net (NNN) Lease

$1,465,714

2140 North Hwy 121, Bonham, TX 75418

Active
Last Updated: 07/19/2021

7

Cap Rate

102,600

NOI

Details:
Cap Rate:    7%
NOI:    $102,600
Building Size:    3,000 sqft
Lot Area:    1 acres
Lease Type:    Triple Net
Year Built:    2021
Price Per Sqft:    $488.57
Roof, Structure & Parking:    Landlord’s Responsibility
Repairs & Maintenance:    Tenant’s Responsibility
Floor:    Tenant’s Responsibility
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 $41,673 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”
  • Great Visibility Located Directly On Highway 121 Which Sees Over 11,000 VPD
  • Neighboring Tenants Include: Walmart Supercenter, Dollar General, AutoZone, Burger King, Sonic, Dollar Tree, Taco Bell, Goodwill, Anytime Fitness and More
Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,000 SF QuickVisit Urgent Care Located at 2140 North Hwy 121 in Bonham, TX. This Deal Includes a New Long Term 12 Year Triple Net (NNN) Lease With Minimal Landlord Responsibilities, Providing For a Secure Investment.

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