BetterMed Urgent Care | 10004 Southpoint Pky
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BetterMed Urgent Care 10004 Southpoint Pky
6,267 SF Retail Building Fredericksburg, VA 22407 For Sale
Investment Highlights
- STNL Medical Office Building
- Single Tenant
Executive Summary
• Single story, 6,267 SF, medical use building, built in 2016, on 0.78 acres of land.
• Tenant: Northern Virginia Carenow Urgent Care, LLC. Corporate guaranty by HCA Healthcare (NYSE HCA).
• Year 8 of 12 year lease with two, five year renewal options. Annual rent escalations.
• Paved, open surface parking with 31 spaces (5/1,000 SF).
• Fastest growing employment base, regional unemployment rate 3.1% in Q3 2024 versus 4.1% nationally.
• Tenant: Northern Virginia Carenow Urgent Care, LLC. Corporate guaranty by HCA Healthcare (NYSE HCA).
• Year 8 of 12 year lease with two, five year renewal options. Annual rent escalations.
• Paved, open surface parking with 31 spaces (5/1,000 SF).
• Fastest growing employment base, regional unemployment rate 3.1% in Q3 2024 versus 4.1% nationally.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,267 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 35-15-5U | Improvements Assessment | $819,000 |
Land Assessment | $670,800 | Total Assessment | $1,489,800 |
PROPERTY TAXES
Parcel Number
35-15-5U
Land Assessment
$670,800
Improvements Assessment
$819,000
Total Assessment
$1,489,800
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BetterMed Urgent Care | 10004 Southpoint Pky
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