MedExpress

Investment Highlights

  • New Long Term 10 Year Lease
  • Absolute NNN
  • Rent Increase Every 5 Years
  • Recent Class “A” Construction
  • Other Area Retailers Include
    • Walmart Super Center
    • Meijer
  • Strong Credit Tenant
  • No Management Required
  • Outlot Pad to West Village Mall
  • Located On Main Retail Corridor
  • Strong Traffic Counts (38,000 Cars/Day)
  • Retail Hub of The Region
  • 100,000 People Within 5 Miles
  • MedExpress Urgent Care is the national leader in urgent care delivery, with 187 operating facilities and 96 coming soon locations in 18 states
  • MedExpress was acquired by Optum, a subsidiary of UnitedHealth Group (NYSE: UNH, 2015 annual revenue of $157.11 billion and S&P A+ rating)

Offering Summary

  • Price: $525,000
  • CAP: 5.71%
  • GLA: 4,936 Square Feet
  • Site Area: 0.93 Acres
  • Pice/SF: $106.36

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