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
Documents
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.
In Association with:
Brian Brockman, License #: BK3327646, Bang Realty-Naples, Inc, bor@bangrealty.com 513-898-1551
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