ChenMed - Cincinnati, OH
6121 Colerain Avenue, Cincinnati, OH, 45239, US
7,845 sf
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 3150 Menards Way in Angola, IN (“Property” or “Asset”). The Property is operating on an absolute NNN lease with ±13.9 years of primary lease term remaining, 2.0% annual rent escalations and three, five-year options.
IN Broker of Record: Ken Martin - License #: RB19001364
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Attributes
Asking price
$2,777,000
Cap rate
7.15%
NOI
$199,000
WAULT
13.9 years
Building area net
2,800 sf
Year built
2024
Media
Investment highlights
- ±14 years of primary lease term on corporate NNN healthcare opportunity
- Outparcel to Menards with estimated $35.1 million in sales
- Strong 2.0% annual rent escalations
- Fast Pace Health is a leading independent urgent care provider to rural communities
- College town location home to Trine University with 15,000 students
- #1 largest urgent care provider in the Southeast
- Direct frontage along Wayne St, just off I-69 with 31,000+ vehicles per day
Contact brokers
Fast Pace Health - Angola, IN (0 Properties)
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Last updated
Mar 3, 2026
