2910 Santiam Hwy, Albany, OR 97322

Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale, the fee-simple interest in the single-tenant urgent care facility located at 2910 Santiam Highway Southeast (U.S. 20) in Albany, Oregon (the “Property”). The Property is fully leased to Community Care Partners, LLC, DBA BestMed Urgent Care, and corporately guaranteed by CCP Holdings, LLC. BestMed is a leading provider of urgent care, primary care, and occupational medicine services in the Western U.S. with 37 clinics across five states. BestMed is a part of the Community Care Partners network, a physician-owned and managed group of urgent care and primary care clinics that operates 97 facilities under four banners across seven states and is one of the fastest-growing companies in the country with 387% growth over the last three years. Community Care Partners is the 10th-largest independent urgent care operator in the U.S. as of May 2024.
Completely renovated in 2024, the Property is operating under a new fifteen-year NNN lease running through April 2039. The lease features virtually no Landlord responsibility (structural obligations largely mitigated given recent renovation) and includes 2.00% annual rental increases.
Positioned along a four-lane federal highway that includes national retailers such as Home Depot, Target and Walmart, as well as Heritage Mall (50+ stores, 406,500 SF), the Property enjoys exceptional access and visibility, further enhanced by its proximity to Interstate 5, the busiest north-south corridor on the Pacific Coast. Additionally, it is just 15 minutes from Oregon State University, the largest university in Oregon with student enrollment of over 37,000 and is within the Willamette Valley – home to 70% of Oregon’s population and 16 of the state’s 17 largest private sector employers.
Albany is the third-fastest growing city in Oregon, growing by double-digit percentages every decade since 1950, including 12.6% growth from 2010 to 2020 and 91.7% over the last 30 years. It has never experienced a population contraction decade-over-decade since record-keeping began in 1870.