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2264 NW 43rd St Gainsville, FL 32606

$2,430,000

For Sale

Details

  • StatusFor Sale
  • Price$2,430,000
  • Cap Rate5.35%
  • TenantsKids Street Urgent Care
  • Term Remaining15 Years
  • Lease TypeNNN Ground Lease
  • Property TypeMedical
  • Building Size3,600 SF
  • Lot Size0.34 Acres
  • NOI$130,000

Property Description

Helios Investment Services presents an exceptional investment opportunity with Kids Street Urgent Care located in Gainesville, FL. This state-of-the-art 3,600 SF urgent care facility, constructed in 2024, sits on a 0.34-acre lot at the highly visible intersection of NW 23rd Ave and NW 43rd St. Over 46,500 vehicles pass daily. The property offers a solid investment with a new 15-year corporate ground lease to Rural Urgent Care, LLC. This lease features 10% rental increases every 5 years, ensuring long-term, passive income.

Key Features of this Investment of Kids Street Urgent Care Gainesville FL:

  • Premier Medical Tenant: Kids Street Urgent Care, part of the reputable MainStreet network, leads in operating pediatric urgent care clinics across the Southeast.
  • Long-Term Secure Lease: Enjoy the benefits of a new 15-year NNN ground lease. This requires zero landlord responsibilities and includes 10% rental increases every 5 years.
  • Strategic Location: The property sits at a busy intersection, enhancing visibility and accessibility. It is also adjacent to major retail centers such as Millhopper Shopping Center, The Marketplace, and Thornebrooke Village.
  • Robust Demographics: The surrounding area has a population of 170,457 within a 5-mile radius. This number will grow to 175,689 within the next five years, offering a large and reliable customer base.
  • Industry Growth: The U.S. Urgent Care market is booming. It was valued at $56.7 billion in 2022 with a projected growth rate of 10.99% through 2030.
  • Proximity to Major Medical Facilities: The facility is less than 3 miles from HCA Florida North Florida Hospital, a leading medical center in the region.
  • Tax-Free State: Florida offers favorable tax benefits since it is an income tax-free state.

Contact Helios Investment Services today for more information on this prime investment opportunity.

Contact

Miles Elam portrait

Miles Elam

Senior Investment Advisor

DRE 02105134

(949) 374-1163

Portrait of Kaveh Ebrahimi of Helios CRE

Kaveh Ebrahimi

Managing Partner

DRE 1896322

(805) 889-7837

Portrait of Jason Gribin

Jason Gribin

Managing Partner

DRE 1819611

(310) 867-9311

Request more information.