26 Bolivar Dr - Freestanding FOR SALE


Bradford, PA 16701
$2,030,000 USD
202-286-1542
26 Bolivar Dr, Bradford, PA for Sale
$2,030,000 USD
Freestanding - FOR SALE
1/6
null | 7.1% Cap Rate

26 Bolivar Dr
Bradford, PA 16701


HIGHLIGHTS

  • Brand New 10-Year Lease | Proven Successful Location |Corporate Guaranty | Rental Increases | Options To Extend | Institutional Healthcare Platform
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Fronting Bolivar Drive | Outparcel To Bradford Mall | Surrounding Retailers | Pittsburgh-Buffalo Hwy
  • Healthcare Gap | Regional Draw | Dominant Local Demand Drivers
  • Strong Trade Area Demographics | Limited Competition

OVERVIEW

SRS Real Estate Partners–Northeast, LLC is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased WellNow Urgent Care investment property. The tenant, ASP UC Support LLC (dba WellNow Urgent Care), has signed a brand new 10-year lease with four (5-year) renewal options, demonstrating long-term commitment to the site and reinforcing its proven success as an established location. The lease features a 3% rental increase on September 1, 2027, followed by 8% increases at the beginning of each option period, supporting NOI growth and providing a hedge against inflation. ASP UC Support LLC operates under Aspen Dental Management, Inc. (ADMI), a healthcare platform backed by Leonard Green & Partners (~$75B AUM). WellNow has grown to 180+ locations following its 2022 acquisition of Physicians Immediate Care, with continued expansion across multiple states. The urgent care sector is growing ~7–9% annually, driven by ER-to-urgent care migration and payer cost optimization, supporting long-term demand through a recession-resistant, in-person service model. The NN lease structure provides for limited landlord responsibilities, offering a low-management investment.

FOR SALE DETAILS

PRICE

$2,030,000 USD

PRICE/SF

$563 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WellNow Urgent Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

C

APN/PARCEL ID

21-019. -342.00

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.