- For Sale $1,809,417
- Property Type Retail - Freestanding
- Property Size 3,600 SF
- Lot Size 0.65 Acre
- Property Tenancy Single Tenant
- Year Built 2021
- Date Updated Aug 4, 2026
Description
This medical asset offers an absolute NNN lease structure with zero landlord maintenance or expense responsibilities, 10 years of remaining term, and scheduled 10% rental increases every five years. The asset is positioned within the Beechwood development, an active mixed-use corridor attracting new commercial projects.
The Beechwood development project is a growing commercial node currently attracting several new projects in various stages of development. Most notably, a new Medicaid and Medicare facility is scheduled to break ground on an adjacent site, reinforcing the corridor’s long-term relevance as a healthcare and retail destination.
Highlights
- 10% rental increases every five years deliver structured, inflation-hedged income growth
- 15-year original lease term with approximately 10 years of remaining term as of rent commencement in December 2021
- A new Medicaid and Medicare facility is scheduled to break ground on an adjacent site, reinforcing the property’s position within an emerging healthcare-anchored corridor
- Corporate guaranty from one of the top national urgent care operating companies successfully running over 320 clinics across the southeast
- Situated within the Beechwood development project, a commercial hub attracting multiple new projects in various stages of development
- Structured rental increases provide compounding rent growth over the hold period and provide significant tenure runway for long-term income stability
- Three, 5-year renewal options extend the potential lease term well beyond the initial 15-year term
- Zero landlord maintenance or expense responsibilities, providing a truly passive investment
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Contacts
Justin Stark
CP Partners
Location
Contact Listing Broker
Justin Stark
CP Partners