MainStreet Family Care KidStreet Urgent Care NN Lease Medical Alabama

Sands Investment Group is Pleased to Present Exclusively For Sale the NN Lease Investment Opportunity Located at 6280 Grelot Road in Mobile, Alabama.

• Over 8 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
• 9.18% Cash-on-Cash Return
• Located Adjacent to the Entrance of a Winn-Dixie Anchored Grocery Center
• This Property Includes a KidsStreet Urgent Care and MainStreet Family Care; KidsStreet Treats Children Ranging From Newborn to 15 Years Old, While Just Next Door, the MainStreet Clinic Will See Patients Ages 16 and Up
• MainStreet Family Care Operates Over 17 Clinics Across Alabama
• Stable Regional Tenant Undergoing Rapid Growth
• Excellent Visibility From Grelot Road Which Sees Over 32,930 Vehicles Per Day
• Located About 1-Mile From University of South Alabama Which Has Over 15,000 Students
• Strong Demographics – Over 138,780 People With An Average Household Income of $67,121 Within a 5-Mile Radius of the Property
• Nearby Tenants Include: Winn-Dixie, Zaxby’s, Starbucks, Wendy’s, McDonald’s, Firehouse Subs, Walgreens, Krispy Kreme, Home Depot, Walmart and More

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

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