Healthcare    

MainStreet
Urgent Care

 Alachua, FL

Asking Price

$2,167,000

Cap Rate

6.00%

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Square Feet

2,867 SF

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Land

0.47 AC

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NNN Lease

100% Expense Recovery

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Population

45,341 (10-Mi)

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Average HHI

$108,382 (10-Mi)

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Brand-New Construction
    The Property is scheduled to be completed in 2024, offering peak residual value and depreciation potential. New construction insulates Landlord from any near-term capital repairs and replacements, complemented by transferable manufacturer warranties. 
  • Passive Net Lease Structure
    The Lease provides 100% reimbursement by Tenant for all operating expenses, including roof and structure. Tenant self-maintains all common areas, including parking lot and HVAC.
  • Corporate Guaranty by Growing Operator
    The Lease is guaranteed by Rural Urgent Care, LLC, the parent entity of the 50-unit network doing business as MainStreet Urgent Care. MainStreet currently has 50 facilities in operation located in Alabama, Georgia, North Carolina, and Florida.

  • Great Retail Location
    The Property is shadow anchored by a Publix Super Market, benefiting from 1.2M annual visitors (Placer.ai). The surrounding area features a diverse mix of economic factors, including Sante Fe High School, which is home to 1,124 students, as well as recognized national retailers such as, KFC, McDonald’s, and Burger King.
  • Excellent Access and Visibility
    The Property benefits from direct frontage to US Hwy 441, the city’s primary route and connector road to Interstate 75, providing ease of sight to about 28,426 VPD.
  • Affluent Demographics
    The surrounding 5-mile radius boasts a strong average household income of $98,652. 

Exclusively Listed By

Brett Butler

Senior Vice President
  brett@northmarq.com      949.662.1277

Chris Whelan

Associate
  cwhelan@northmarq.com   

Jack Morrell

Associate
  jmorrell@northmarq.com   

Lauren Helgeson

Investment Sales Analyst
  lhelgeson@northmarq.com   

In Association With
Jason Long

FL Lic. #BK3302956

Northmarq

500 Newport Center Drive, Suite 650
Newport Beach, CA


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