Tenant: M.D. Express Urgent Care | Gloucester, VA
Premises: 5,000 SF
Renewal Options: 1 x 5 Years
Lease Expiration: 8/31/2024
Lease Type: Modified Gross
Rental Increases: 3% Annually
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.
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
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
M.D. Express Urgent Care offers services like illness treatment, vaccination, physical screenings, and injury treatment. At M.D. Express Urgent Care, our team of dedicated physicians is experienced in a variety of illnesses and medical expertise. We pride ourselves on high-quality service with the best possible results, all at fair prices with friendly faces. We’ll treat you and your loved ones as we would our own—and we’ll be there to guide you every step of the way. The Doctor is Always In at M.D. Express Urgent Care. All of our providers are doctors and physician assistants. You will always be seen by one of them when you visit one of our locations. We have five locations in Hampton Roads. Gloucester Urgent Care, Hampton Urgent Care, Newport News Urgent Care, Williamsburg Urgent Care and Yorktown Urgent Care.
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