M.D. Express Urgent Care | Williamsburg, VA
Sands Investment Group is Pleased to Present For Sale M.D. Express Urgent Care in the Hampson Roads MSA. The Property is Occupied by M.D. Express Urgent Care, a Subsidiary of Riverside Health System, and a Local State Farm Insurance Office. The Property is Owned and Managed 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 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. All Leases Are Considered Modified Gross With the Ownership Completing Several Property Efficiency Upgrades in Recent Years. The Property Also Contains a Small Vacant Unit Providing a Value Add Opportunity.
- 120 Monticello Avenue Has Been Home to M.D. Express Since 2004; An Urgent Care Brand With 5 Locations in the Hampton Roads Area
- The Second Floor is Rented to Kuebler Insurance, a State Farm Agency; Kuebler Insurance Tenant Has a Right of First Refusal
- The Property Sits Next to the Monticello Shopping Center and Across the Street From Midtown Row, an Expansive Mixed-Use Development Featuring 244 Apartments and 64,000 Square Feet of Retail
- Prior to Sale, Unit 102 Will Be Folded Into the Main Urgent Care Lease at an Equivalent $/SF and Will Be the Site of the M.D. Express Telemedicine Office
- When Comparing Annual Patient Visits in 2022 to 2019 (Pre-Covid), This Location Saw a 10% Increase
- M.D. Express is Ingrained in the Community at All Three (3) Locations and the Doctors Are an Integral Part of Riverside’s Future to Continue to Alleviate Pressures on Emergency Rooms
- This Site Saw Extensive Upgrades in 2022 and 2023 Including New Awnings, HVAC System Replacement and Repairs to the Plumbing Systems and Roofs
- 5-Mile Demographics Sees a Population of 77,684 Residents With an Average Household Income of $108,615
- 14,527 Collected Vehicles Per Day at the Closest Major Intersection
- Vacant Unit Has 2 Bathrooms, Reception Area and Finished Walls and Ceiling; Existing Carpet Flooring Will Need Replacing
In Cooperation With: Scott 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
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