WellNow Urgent Care | Lockport, NY
Sands Investment Group is Pleased to Present Exclusively For Sale the 3,500 SF WellNow Urgent Care NN Medical Investment Located at 5801 S Transit Road in Lockport, New York. This Deal Includes a Brand New 2021 Construction With a 10 Year Corporate Lease, Providing For a Secure Investment.
- Newly Constructed Building With a Recently Executed 10-Year Lease and 3 (5) Year Options to Extend, Demonstrating a Long-Term Commitment to This Site
- 10% Rental Increases Every 5 Years Throughout Initial and Extension Term
- WellNow Urgent Care, a Subsidiary of Aspen Dental, is the Largest Urgent Care Provider in Central New York With Nearly 90 Locations in Its Portfolio
- WellNow is One of the Top 10 Urgent Care Providers in the U.S. and Has Earned the Distinguished Urgent Care Association Accreditation
- The Brand is Rapidly Expanding in the Northeast and Midwest; It Is Projected to Have 200 Units Within 5 Years
- As a Medical Operator, WellNow is Considered an Essential Business, Allowing it to Remain Open and Operating Throughout the COVID-19 Pandemic
- Excellent Visibility and Ingress/Egress Along Transit Road (28,250 VPD), Centrally Located Within the Area’s Predominant Retail Corridor
- Adjacent to the Most Highly Trafficked Tops Friendly Markets Location Nationwide*
- The 5-Mile Trade Area Has an Average Household Income of $75,500
- Restoration of the Erie Canal’s Historic Flight of Five Locks is Expected to Draw More Than 230,000 Visitors Annually and Create $16 Million in Spending in Niagara County
- Lockport is the Corporate Headquarters of Delphi-Harrison Thermal Systems (a Subsidiary of General Motors), Which Employs Nearly 7,000 People in the Lockport Area
- Nearby Tenants Include: Tops Friendly Markets, Runnings, T.J. Maxx, Five Below, Maurices, Walmart, Home Depot and Many More
In Cooperation With SIG RE Services NY LLC Lic. # 10991233211 BoR: Andrew Ackerman – Lic. # 10491210161
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities