Fast Pace Health - Salem, IN
1312 East Hackberry Street, Salem, IN, 47167, US
$2,495,000 | 2,800 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 2701 N 6th Street in Vincennes, IN (“Property” or “Asset”). The Property is operating on an absolute NNN lease with ±12.9 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
$2,750,000
Cap rate
7%
NOI
$193,000
WAULT
12.9 years
Building area net
3,600 sf
Year built
2023
Media
Investment highlights
- ±13 years of primary lease term on corporate NNN healthcare opportunity
- Adjacent to Lowe’s with $51.3 million in estimated annual sales
- Strong 2.0% annual rent escalations
- Fast Pace Health is a leading independent urgent care provider to rural communities
- College town location adjacent to Vincennes University, Indiana’s first college
- Nearby Good Samaritan Hospital, Knox County’s largest employer
- #1 largest urgent care provider in the Southeast
- Frontage along N 6th Street, just off US-50/US-41 interchange with 42,000 VPD
Contact brokers
Fast Pace Health - Vincennes, IN (0 Properties)
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Last updated
Mar 3, 2026
