Lighthouse Autism Center - Rocky Mount, NC
110 Enterprise Dr, Rocky Mount, NC, 27804, US
PLN 12,100,000 | 795 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the single-tenant Fast Pace Health Urgent Care at 998 2nd Avenue in Oneonta, Alabama (“Property” or “Asset”). The Property is operating on an absolute NNN lease with ±13.6 years of primary lease term remaining, 2.0% annual rent escalations and three, five-year options.
AL Broker of Record: Richard Reid - License #: 109241
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Attributes
Asking price
PLN 11,615,000
Cap rate
7.25%
NOI
PLN 843,000
WAULT
13.6 years
Building area net
255 m²
Year built
2024
Media
Investment Highlights
- ±14 years of primary lease term on corporate NNN healthcare opportunity
- Adjacent to Price Less Foods with $8.6 million in annual sales
- Strong 2.0% annual rent escalations
- Fast Pace Health is a leading independent urgent care provider to rural communities
- 35 miles northeast of Birmingham with 1.1 million residents
- #1 largest urgent care provider in the Southeast
- Just east of SR-75 / US-231 interchange with 29,000+ VPD
Contact brokers
Fast Pace Health - Oneonta, AL (0 Properties)
