860 Center St - Medical FOR SALE


Lewiston, NY 14092
$3,498,000 USD
216-292-7006
860 Center St, Lewiston, NY for Sale
$3,498,000 USD
Medical - FOR SALE
1/4
null | 6.5% Cap Rate

860 Center St
Lewiston, NY 14092


HIGHLIGHTS

  • Brand New 10-Year Triple-Net (NNN) Lease with Corporate Guaranty
  • 8 Percent Rental Increases Every Five Years with Renewal Options
  • 35,605 Residents within a Five-Mile Radius
  • Average Household Income Exceeds $110,000 in the Immediate Area
  • Excellent Visibility Along Center Street (18,600+ Cars/Day)
  • WellNow has 220+ locations in New York, Illinois, Ohio, Wisconsin, Indiana, Pennsylvania, and Michigan

OVERVIEW

Lewiston is a town in Niagara County, New York, United States. T Lewiston is a 64-square mile community nestled along the Niagara River on the Canadian border with a population of approximately 15,900. It is located on the Niagara Escarpment presenting outstanding views of Toronto, the Niagara River and Lake Ontario. It is located in the Western most portion of Niagara County. Buffalo is a 30-mile drive to the South, Rochester 90-mile drive to the East and Toronto an 80-mile drive to the North. Sixty-two percent of the Canadian population and fifty percent of the U.S. population reside within a 500-mile radius of Lewiston. WellNow Urgent Care is a healthcare provider that operates a network of urgent care centers across various states in the U.S., offering walk-in medical services for a variety of non-emergency health conditions. The company focuses on delivering accessible, high-quality care for patients who need prompt attention but do not require the services of an emergency room. WellNow Urgent Care clinics are designed to handle a wide range of medical issues, such as minor injuries, illnesses, and conditions that need immediate attention. Common treatments include care for sprains, broken bones, infections, flu, colds, and minor burns. WellNow Urgent Care centers are often located in easily accessible areas, such as busy retail or commercial zones, near major roads or residential areas.

FOR SALE DETAILS

PRICE

$3,498,000 USD

PRICE/SF

$935 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WellNow Urgent Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

292401-101-011-0002-062-001

ASK ABOUT THIS PROPERTY

Alex FrankelMarcus & MillichapMore Info
216-292-7006

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Alex FrankelMarcus & MillichapMore Info
216-292-7006

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