Fast Pace Health Urgent Care | Brand New 15 Yr. NNN Lease

For Sale

200 Letton Dr, Paris, KY 40361

This Paris property for sale is located at 200 Letton Dr. The current listed sale price for Fast Pace Health Urgent Care | Brand New 15 Yr. NNN Lease is $3,149,606. Fast Pace Health Urgent Care | Brand New 15 Yr. NNN Lease is situated on a lot that is 0.93 square feet in size.

Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

Christian Rahe

Property Details

  • Property Type Retail
  • Property Size 3,726 SF
  • Lot Size 0.93 SF
  • Date Updated Apr 29, 2024

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a single tenant Fast Pace Health Urgent Care in Paris, KY. Fast Pace Health operates over 250 clinics across 6 states and is dedicated to improving healthcare access through convenient and affordable care centers. The new NNN lease has a 15-year primary term, three 5-year option periods, 10% rent increases every 5 years, a corporate guarantee and minimal landlord responsibilities proving years of inflation resistant cash flows.

The 3,726 SF building on 0.93-acre Walmart Supercenter outparcel is strategically positioned on the hard corner signalized intersection of Lexington Road and Martin Luther King Blvd which have a combined traffic count exceeding 29,700 VPD. Nearby retailers include Walmart Supercenter, Save A Lot, Tractor Supply Co., DaVita Dialysis, McDonald’s and Taco Bell.

This is an excellent opportunity to own a new long term NNN leased corporate guaranteed Fast Pace Health with 15 years in option periods, rent increases every 5 years and minimal landlord responsibilities providing investors with inflation resistant income for years to come.

Available

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Attachments

Getting around

  • 59/100

    Walk Score ®

  • 36/100

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Location

  • City Paris, KY
  • Zip Code 40361
  • Market Lexington

Points of Interest

  • Speedway

    0.87 miles

  • Dairy Queen

    0.08 miles

  • McDonald's

    0.22 miles

  • Wendy's

    0.62 miles

  • Jerry's Restaurant

    0.65 miles

  • Perico's Mexican Restaurant

    0.92 miles

  • Clay's Downtown Restaurant

    1.60 miles

  • Thyme Cafe and Catering

    1.73 miles

  • Windy Corner Market

    8.34 miles

  • Walmart Supercenter

    0.22 miles

  • Save-A-Lot

    0.81 miles

  • Millersburg Market

    9.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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