ChenMed - Cincinnati, OH
6121 Colerain Avenue, Cincinnati, OH, 45239, US
729 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 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
...
Attributes
Asking price
R 45,841,000
Cap rate
7.15%
NOI
R 3,278,000
WAULT
13.9 years
Building area net
260 m²
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)
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
3 Mar 2026
