934 South Gloster St - Medical FOR SALE


Tupelo, MS 38801
$3,134,742 USD
805-889-7837
934 South Gloster St, Tupelo, MS for Sale
$3,134,742 USD
Medical - FOR SALE
1/3
null | 6.25% Cap Rate

934 South Gloster St
Tupelo, MS 38801


HIGHLIGHTS

  • Fast Pace Health operates over 295 clinics across 8 states, offering urgent care, primary care.
  • Approximately 14 years remaining on a corporate-guaranteed lease with 2% annual rental increases.
  • The lease is structured as a modified NNN lease, providing very minimal landlord responsibilities.
  • Focused on underserved rural and suburban markets, Fast Pace Health fills critical gaps in community healthcare.
  • Operating within the $34.34 billion U.S. urgent care market, projected to grow at 8.6% CAGR.

OVERVIEW

AiCRE Partners is pleased to present the opportunity to acquire the fee simple interest of the Fast Pace Health urgent care facility located at 934 South Gloster St. in Tupelo, MS. This asset is backed by a corporate-guaranteed, absolute NNN (Modified) lease with over 13 years of initial term remaining, ensuring zero landlord responsibilities and stable income. The lease includes 2% rental increases annually and three five-year renewal options, providing long-term growth potential. Fast Pace Health, a leading provider with over 295 clinics across six states, serves as an essential healthcare operator focused on underserved rural and suburban markets. Positioned along the South Gloster commercial corridor, this 3,600 SF building offers investors a passive, inflation-protected income stream supported by one of the fastest-growing brands in urgent care, in a market with limited competition and solid economic drivers.

FOR SALE DETAILS

PRICE

$3,134,742 USD

PRICE/SF

$871 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Available Individually or as a Portfolio

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

113E-06-128-00

ASK ABOUT THIS PROPERTY

Kaveh EbrahimiAiCRE PartnersMore Info
805-889-7837

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Kaveh EbrahimiAiCRE PartnersMore Info
805-889-7837

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