Modified Gross Medical Asset

M.D. Express Urgent Care | Gloucester, VA


Sands Investment Group is Pleased to Present For Sale the Modified Gross Medical Asset Located in Gloucester, Virginia. The Portfolio is Made up of 3 Properties Occupied By M.D. Express and Can Be Purchased Together or Individually. The Properties Are Owned and Manage By a Group of Doctors That Opened Their First Location in 2004. In 2010 the Brand Was Sold to Riverside Health System Who Continues to Remain as Both a Tenant and Employer of the M.D. Express Staff Including the Ownership Team Who Oversee the Urgent Cares, Emergency Medical Training and Telemedicine For Riverside. Riverside Has Shown Their Commitment to the Locations Through the Expansion of Services and Renting More Space For Their Official Telemedicine Office. All Leases Are Considered Modified Gross With the Ownership Completing Several Property Efficiency Upgrades in Recent Years.

  • 6567 George Washington Memorial Highway Has Been Home to M.D. Express Since 2013, an Urgent Care Brand With 5 Locations in the Hampton Roads Area
  • Future Opportunity Available to Develop Land Within the Site Originally Designed For Another 4,000 Square Foot Commercial Building; Plumbing Infrastructure Already In Place – Plans From Prior Permitting Available Upon Request
  • M.D. Express Serves as the Urgent Care Arm of Riverside Health; The Health System Serves Over 2 Million Patients a Year and Has 4 Main Hospitals and 3 Specialty Hospitals
  • When Comparing Annual Patient Visits in 2022 to 2019 (Pre-Covid) This Location Saw a 26% Increase
  • This Location Serves as a Reliever Facility For the Riverside Walter Reed Hospital ER Which is Less Than 5-Miles Away
  • M.D. Express is Ingrained in the Community at All Three (3) Locations and the Doctors Are an Integral Part of Riverside’s Future to Continue to Alleviate Pressures on Emergency Rooms
  • All Three (3) Locations Feature X-Ray Machines and Full Labs Which Goes Beyond the Typical Urgent Care
  • This Site Received Extensive Repairs and a Replacement of Its Septic System in 2022
  • 10-Mile Demographics Sees a Population of 39,007 Residents With an Average Income of $93,181
  • 30,442 Collected Vehicles Per Day at the Closest Major Intersection

In Cooperation With: Scot Reid & ParaSell Inc., a Licensed VA Broker #0226032019 Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers – SIG Works With Non-Resident Prospective Buyers

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