WellNow Urgent Care 930 S 11th St
3,500 SF Retail Building Niles, MI 49120 $1,975,000 ($564/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 2022 Build to Suit for WellNow Urgent Care - Original 10 Year Lease with 7.5 Years Remaining
- Eight Percent Rental Increases Every 5 Years and in the Option Periods
- Strong Access and Visibility on Heavily Traveled 11th Street in Niles
- Limited Landlord Responsibilities - NN+ Lease Structure
- Located in the Heart of Nile's Dominant Retail Corridor
- Premier Southwest Michigan Community
EXECUTIVE SUMMARY
Limited Landlord Responsibilities - NN+ Lease Structure
Eight Percent Rental Increases Every 5 Years and in the Option Periods
Located in the Heart of Nile's Dominant Retail Corridor
Strong Access and Visibility on Heavily Traveled 11th Street in Niles
Premier Southwest Michigan Community
WellNow Urgent Care operates over 220 locations across New York, Illinois, Ohio, Wisconsin, Indiana, Pennsylvania, and Michigan, Bringing Accessible and High-Quality Healthcare to Communities throughout these States.
Surrounding Tenants include Martins Supermarket, Walgreen's, Goodwill, Advance Auto Parts, Starbucks, McDonalds, WingStop, Firehouse Subs and More
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Health Care and Social Assistance
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
WellNow Urgent Care is one of the fastest-growing providers of urgent medical care, telehealth and occupational medicine services in the United States, with more than 150 centers across Illinois, Indiana, Michigan, New York and Pennsylvania. WellNow was founded as Five Star Urgent Care in 2012 by Dr. John Radford, who sought to provide communities with the kind of quality, walk-in care he saw was lacking when he served as an ER doctor. Patients quickly appreciated this new addition to their healthcare options, and the company continued to grow over the next few years. In 2018, Five Star Urgent Care rebranded as WellNow Urgent Care to better reflect its mission of offering quick, convenient and quality care for non-life-threatening injuries and illnesses.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-73-5250-0028-01-1 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $644,600 |
