MainStreet Family Care Double NN Net Lease Medical Alabama

Investment Offering

Tenant: MainStreet Family Care | Millbrook, AL
Premises: 3,366 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 2/28/2029
Lease Type: NN
Rental Increases: 10% Every 5 Years

Sands Investment Group is Pleased to Present Exclusively For Sale the Double NN Net Lease Investment Opportunity Located at 1401 Highway 14 in Millbrook, Alabama.

~9 Years Remaining on a Double Net (NN) Lease With Four (4) Five (5) Year Options Periods
Landlord is Responsible For Roof and Structure (Structure Only; Includes Long Term Roof Warranty)
10% Rent Increases Every 5 Years During Initial Term
9.19% Cash-on-Cash Return
Property Sits Directly Across the Street From a Walmart Supercenter
Located at the Entrance of a Proposed New Development, Millbrook Crossings, Which Features 250,000 SF of Retail, Town Homes and Multi-Family Living
Located 9-Miles From Montgomery, Which is the State Capital of Alabama
MainStreet Family Care Operates Over 17 Clinics Across Alabama
Stable Regional Tenant Undergoing Rapid Growth
Excellent Visibility From Highway 14 Which Sees Over 28,600 Vehicles Per Day
Limited Competition in the Trade Area
Easy Access – Multiple Points of Entry
Strong Demographics – Average Household Income of $71,823 Within a 5-Mile Radius
Nearby Tenants Include: YMCA, Walmart Supercenter, Zaxby’s, Dollar Tree, Wendy’s and More

In Cooperation with BoR: Andrew Ackerman – Lic. #C0001099750

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Tenant Overview

MainStreet Family Care in Monroeville, Alabama is a walk-in urgent care and primary care clinic is open late 7 days a week to treat injuries, illnesses and non-life-threatening emergencies for adults and children. Our extended hours allow you to get care after hours and at a time when it is convenient for your schedule. Our office is part of a small network of family care offices caring for residents across Alabama. When it comes to you and your family’s healthcare needs, you should not settle for anything less than MainStreet Family Care. At MainStreet Family Care, we are committed to helping you heal better and feel better. FAST! MainStreet Family Care works hard to make sure you don’t have to leave town to take care of your health. From urgent care to illness care to preventative care and now primary care, we deliver high-quality medical care for the entire family right here, right now; keeping you close to home and getting you back on your feet fast.

Area Overview