This exceptional investment opportunity presents a 6,984 square foot, single-tenant, Fast Pace Health Urgent Care facility located in Hueytown, Alabama. The property, built in 2022, sits on a 0.74-acre lot at the hard corner of Allison-Bonnett Memorial Drive (29,725 vehicles per day) and Owen Circle, benefiting from high visibility and traffic. The building is currently 100% occupied under a Net Lease (NNN) agreement with a remaining lease term of 13.4 years, extending to March 31, 2038, with three 5-year option periods. The lease includes 10% rent increases every five years, providing inflation-resistant cash flow. The asking price is $4,145,000, representing a price per square foot of $593.50 and a 6.55% capitalization rate. The property's Net Operating Income (NOI) is $271,460. The property's location offers excellent access to major retailers including Walmart, Publix, and Walgreens, ensuring high foot traffic and strong market presence. The corporate guarantee minimizes landlord responsibilities, making this a low-maintenance, high-return investment. The property's address is 2731 Allison-Bonnett Memorial Dr, Hueytown, AL 35023, with the APN 30-00-21-3-003-002.003. This is a prime opportunity to acquire a stable, high-performing asset in a thriving market.
Highlights
Brand new 15-year, triple-net (NNN) corporate leases with Fast Pace Urgent Care, a rapidly expanding private company.
High-visibility locations in densely populated retail areas with significant traffic.
Located in the rapidly growing suburban markets of Daphne, AL, Hueytown, AL, and Paris, KY, boasting strong demographics ($105,917 average household income).
Investment in a rapidly expanding sector: the U.S. urgent care market, representing nearly 29% of all primary care visits.
Fast Pace Urgent Care: a strong private company operating 265+ clinics offering urgent care and physical therapy services, experiencing the fastest growth in the Southeast.
Leases include 10% rent increases every 5 years, with options; 2023 prototype buildings; landlord responsible only for building structure.
Property Details
for 2731 Allison-Bonnett Memorial Dr
Property type
Retail properties, Retail space
Square Feet
6,984 SF
Lot Size (sq. ft)
32,234 SF
Location Insight
City
Hueytown
County
Jefferson
State
Alabama
Latitude
33.4544217
Longitude
-86.9677077
2731 Allison-Bonnett Memorial Dr, Hueytown, Alabama
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Contacts
Eric Carlton
Jereme Snyder
Joe Sandner IV
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2731 Allison-Bonnett Memorial Dr, Hueytown, Alabama, 35023
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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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2731 Allison-Bonnett Memorial Dr
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