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MainStreet Family Care KidStreet Urgent Care NN Lease Medical Alabama

MainStreet Family Care & KidsStreet Urgent Care | Mobile, AL
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Investment Offering

Tenant: MainStreet Family Care & KidsStreet Urgent Care | Mobile, AL
Premises: 3,961 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 12/31/2028
Lease Type: NN
Rental Increases: 10% Every 5 Years


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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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

MainStreet Family Care & KidsStreet Urgent Care | Mobile, AL

6280 Grelot Road - Mobile, AL 36609

$1,823,338

Cap Rate: 7.25%
Status: Sold

MainStreet Family Care & KidsStreet Urgent Care | Mobile, AL

Neal Brock

404.381.1339
neal@SIGnnn.com

Make an Offer
$5 BILLION IN SALES

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List with SIG

Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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