Healthcare/Office    

BestMed Urgent Care

 Grants Pass, OR

Price:                Cap Rate (Year 1):
$2,900,000       6.35%

Cap Rate (Avg)1:
7.24%

1 Average Cap Rate based on average NOI over the remaining Base Lease Term.

For more details on this exclusive listing

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Corporate Guaranty

CCP Holdings | 97 Units | $250M+ Revenue

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Brand New Construction

2023 Built-to-Suit

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2.00% Annual

Rent Increases

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Minimal Competition

Critical Need

INVESTMENT HIGHLIGHTS

  • Corporate Guaranty
    CCP Holdings, LLC (97 Units)
    $250M+ Annual Revenue
  • Long-Term, NNN Lease 
    Began February 2023 
    13.5 Years of Base Term Remaining
  • Contractual 2.00% Rent Increases
    Attractive Hedge Against Inflation
  • Brand New 2023 Construction
    Build-to-Suit to Tenant’s Specs
  • Top 10 Fastest-Growing City In Oregon
    10 Straight Decades of Double-Digit % Growth 125.6% Growth Since 1990
  • Main & Main Location
    On 3-Lane State Highway (12,000+ VPD) Adjacent to Interstate 5 (28,400+ VPD)
  • Densely Populated & Affluent Submarket
    52K+ Population (5-Mi) $84K+ Avg HHI (1-Mi) | 19.95% Growth by 2028
  • Minimal Competition & Critical Need
    One of Two Urgent Care Facilities in 26-Mile Radius And the Only National Brand in the Market 
  • Dense Market with Recent Developments
    No Remaining Undeveloped Land in Immediate Area Recently Built Hampton Inn, In-n-Out, Local Brewery & More

 

Exclusively Listed By

Brandon Duff

Managing Director, Senior Vice President
  bduff@northmarq.com      +1 312.240.0162

Mackenzie Wolfgram

Associate Vice President
  mwolfgram@northmarq.com      +1 312.777.2454

Brandt Fuller

Senior Analyst
  bfuller@northmarq.com      +1 312.777.2446

In Association With
Matt Lipson

OR Lic #201225340

Northmarq

303 E. Wacker Drive, Suite 1111
Chicago, IL 60601


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