3082 Kirby Whitten Rd, Bartlett, TN 38134
3,700 SF | Retail Building | Bartlett, TN 38134 | $2,800,000 ($757/SF) | 6.50% Cap Rate
For Sale
Active
Asking Price $2,800,000
- Property Type
-
Retail
- Square Feet
- 3,700 SF
- Price / Square Foot
- $757
Listing Contacts
Jimmy Goodman
Randy Blankstein
Property Overview
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Fast Pace Urgent Care property located within the Memphis MSA in Bartlett, Tennessee. The property was constructed in 2023 specifically for Fast Pace and will feature a 15-year lease commencing in March 2024. The lease is triple net with limited landlord responsibilities. Additionally, there will be 2% annual rent increases throughout the primary term and three 5-year options. The lease is corporately guaranteed, and the property is located in a tax-free state.
The 3,700 square foot Fast Pace facility benefits from its position along Kirby Whitten Road which experiences 28,300+ vehicles per day. The property is placed in a large cluster of nationally recognized retailers including Kroger, ALDI, Goodwill, Chick-Fil-A, Starbucks, Walgreens, Five Guys, McAlister’s Deli, AutoZone, Valvoline, Taco Bell, and several others. All of which drive a continual pattern of traffic through the corridor. There are over 167,500 people living within a 5-mile radius of Fast Pace. The average household income of the 5-mile population is $88,046. Furthermore, the property is less than 10 minutes west of Saint Francis Hospital-Bartlett, a 156-Bed full service medical facility.
Fast Pace Urgent Care embraces the belief that residents of America's rural communities— many of whom are uninsured, underinsured, using Medicare or Medicaid — not only need but deserve accessible and quality healthcare. The mission is to improve the health of the communities we serve by offering a wide variety of medical services in underserved communities, including urgent care, primary care, orthopedic services, behavioral health, dermatology, and telehealth. Each Fast Pace Health clinic features multiple exam rooms, on-site lab testing, and x-ray capabilities. Fast Pace began in 2009 with one clinic in Collinwood, TN, and has since grown to a network of 235+ healthcare centers in Tennessee, Kentucky, Louisiana, Mississippi, and Indiana.
The 3,700 square foot Fast Pace facility benefits from its position along Kirby Whitten Road which experiences 28,300+ vehicles per day. The property is placed in a large cluster of nationally recognized retailers including Kroger, ALDI, Goodwill, Chick-Fil-A, Starbucks, Walgreens, Five Guys, McAlister’s Deli, AutoZone, Valvoline, Taco Bell, and several others. All of which drive a continual pattern of traffic through the corridor. There are over 167,500 people living within a 5-mile radius of Fast Pace. The average household income of the 5-mile population is $88,046. Furthermore, the property is less than 10 minutes west of Saint Francis Hospital-Bartlett, a 156-Bed full service medical facility.
Fast Pace Urgent Care embraces the belief that residents of America's rural communities— many of whom are uninsured, underinsured, using Medicare or Medicaid — not only need but deserve accessible and quality healthcare. The mission is to improve the health of the communities we serve by offering a wide variety of medical services in underserved communities, including urgent care, primary care, orthopedic services, behavioral health, dermatology, and telehealth. Each Fast Pace Health clinic features multiple exam rooms, on-site lab testing, and x-ray capabilities. Fast Pace began in 2009 with one clinic in Collinwood, TN, and has since grown to a network of 235+ healthcare centers in Tennessee, Kentucky, Louisiana, Mississippi, and Indiana.
Property Details
- Year Built
- 2023
- Stories
- 1
- Lot Size (sq. ft)
- 31,363 SF
Highlights
- Positioned within the Memphis MSA
- Fast Pace has grown to over 235 locations across Tennessee, Kentucky, Louisiana, Mississippi, Alabama, and Indiana
- New 2023 construction
- 15-year lease (commences March 2024)
- Tax-free state
- Located along Kirby Whitten Pkwy (28,300+ VPD)
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