Fast Pace Health - Jacksonville | 1648 Pelham Rd S
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Fast Pace Health - Jacksonville 1648 Pelham Rd S
3,726 SF Retail Building Jacksonville, AL 36265 $2,749,000 ($737.79/SF) 6.55% Cap Rate
INVESTMENT HIGHLIGHTS
- New construction with a medical tenant that has over 295 locations in 8 states and continues to grow
- Traffic count of 25,176 cars passing per day and 64,000 people living within 10 miles of the Face Pace Health
- Strong net lease with 10% increases every 5 years with 3 x 5 year options at the end of the initial 15 years
- The Walmart across the street has an impressive 2,200,000 visitors last year
EXECUTIVE SUMMARY
This offering is a new build for Face Pace Health in Jacksonville, Alabama who recently
signed a 15-year NN lease with 3 x 5 year options, and 10% increases every 5 years.
Fast Pace Health has over 295 locations in 8 states with 2,495 healthcare providers and
experts.
The area is home to Jacksonville State University with 9000 students, and Face Pace
Health is well located across the street from a Walmart Supercenter, a large regional
medical center, a military armory, banks, restaurants, and more. The area supports
over 64,000 people living within 10 miles and there are over 25,000 cars passing per
day.
Jacksonville is well located nearly mid-point between Atlanta and Birmingham, north
of Anniston off of I-20. The areas is also home to Fort McClellan, which had been one of
the largest Army installations in the country. It is now a training facility for the Alabama
National Guard with Officers Candidate School.
signed a 15-year NN lease with 3 x 5 year options, and 10% increases every 5 years.
Fast Pace Health has over 295 locations in 8 states with 2,495 healthcare providers and
experts.
The area is home to Jacksonville State University with 9000 students, and Face Pace
Health is well located across the street from a Walmart Supercenter, a large regional
medical center, a military armory, banks, restaurants, and more. The area supports
over 64,000 people living within 10 miles and there are over 25,000 cars passing per
day.
Jacksonville is well located nearly mid-point between Atlanta and Birmingham, north
of Anniston off of I-20. The areas is also home to Fort McClellan, which had been one of
the largest Army installations in the country. It is now a training facility for the Alabama
National Guard with Officers Candidate School.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,726 SF
Building Class
B
Year Built
2023
Price
$2,749,000
Price Per SF
$737.79
Cap Rate
6.55%
NOI
$180,060
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.73 AC
Frontage
181’ on Pelham Road South
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-07-26-0-002-043.013 | Improvements Assessment | $97,572 |
| Land Assessment | $23,520 | Total Assessment | $121,092 |
PROPERTY TAXES
Parcel Number
12-07-26-0-002-043.013
Land Assessment
$23,520
Improvements Assessment
$97,572
Total Assessment
$121,092
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Fast Pace Health - Jacksonville | 1648 Pelham Rd S
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