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| Price $3,068,000 $3,134,142 | Built/Renov 2006/2023 | Tenant HealthyU Clinics |
| Cap Rate 7.15% 7.00% | Lease Type
Double NN | Guarantor Corporate |
| Size/SF
5,325
| Lease Start
05-05-2023
| #Units
10
|
| Price/SF $576.15 $588.57 | Expiration
05-31-2033
| Tenant Type Medical/Health |
| NOI $219,390 | R. Term 7.9 | Ownership Fee Simple |
| Rent/SF
$41.20
| Increases 3.0%/1/yrs | Pop 5Mi 268,918 |
| Lot/AC 0.12 | Options 2/5yrs/3% | AHHI 5Mi $126,591 |
| | |
HealthyU Clinics is strategically positioned along N. 40th street which sees roughly 14,490 vehicles passing by daily. The site benefits from being a medical office outparcel with monument signage and streetside visibility. It is less than 1 mile from AZ-51 Freeway (182,468 VPD), in a densely populated trading area. The 5-mile radius is comprised of strong demographics, with approximately...
...Extensive TI’s
Dense retail corridor
Freeway close
Strong tenant synergy
Dense 200M+ pop 5 mi
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Annual rent increases
Personal guarantee
HealthyU Clinics is an operator of a telehealthcare platform designed to offer quality healthcare through an integrative approach to health and wellness. The company offers both conventional and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 14,154 | 134,810 | 272,581 |
| 2023 Total Population : | 14,517 | 135,235 | 268,522 |
| 2023 Employed Civilian Pop : | 8,326 | 74,118 | 148,437 |
| 2023 Total Businesses : | 502 | 4,025 | 10,549 |
| 2023 Average Household Income : | $ 113,655 | $ 114,233 | $ 126,523 |
| 2023 Total Consumer Spending : | $ 530 M | $ 5413 M | $ 12381 M |
| 2023 Median Age : | 41 | 41 | 41 |
| 2023 Total Households : | 5,435 | 54,976 | 113,955 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,776 | 25,526 | 54,995 |
| 2023 Average Home Value : | $ 571,307 | $ 470,905 | $ 502,418 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| N 40th St | E Blanche Dr | 2015 | 15,374 | 0.02 mi |
| E Greenway Rd | N 40th St | 2010 | 38,226 | 0.11 mi |
| E Greenway Rd | N 40th St | 2011 | 31,473 | 0.11 mi |
| North 40th Street | E Blanche Dr | 2019 | 14,099 | 0.12 mi |
| N 40th St | E Greenway Rd | 2010 | 14,462 | 0.15 mi |
| East Greenway Road | N 42nd St | 2018 | 35,858 | 0.28 mi |
| E Greenway Rd | N 38th St | 2016 | 41,085 | 0.31 mi |
| East Greenway Road | N 38th St | 2018 | 42,162 | 0.33 mi |
| N 40th St | E Claire Dr | 2007 | 16,000 | 0.36 mi |
| East Greenway Road | N 37th St | 2018 | 37,229 | 0.36 mi |
Paris, KY
Cap Rate 6.55%
Lease NN+
R. Term 14.40 yrs
Size/SF 3,726
Lufkin, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 8,000
Washington, MO
Cap Rate 6.65%
Lease NN+
R. Term 13.70 yrs
Size/SF 5,000
Abilene, TX
Cap Rate 7.00%
Lease Abs NNN
R. Term 19.00 yrs
Size/SF 2,646
Montclair, NJ
Cap Rate 6.18%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 8,400
Chicago, IL
Cap Rate 7.00%
Lease Double NN
R. Term 7.50 yrs
Size/SF 7,907
Rapid City, SD
Cap Rate 6.25%
Lease NN+
R. Term 9.10 yrs
Size/SF 3,540
Abilene, TX
Cap Rate 7.25%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 2,551
Blue Springs, MO
Cap Rate 6.15%
Lease NN+
R. Term 9.10 yrs
Size/SF 4,200
Tucson, AZ
Cap Rate 6.75%
Lease Double NN
R. Term 9.50 yrs
Size/SF 13,084
Goodyear, AZ
Cap Rate 7.00%
Lease Abs NNN
R. Term 5.50 yrs
Size/SF 8,756
Festus, MO
Cap Rate 6.65%
Lease NN+
R. Term 15.10 yrs
Size/SF 4,654
Mobile, AL
Cap Rate 6.55%
Lease NN+
R. Term 13.90 yrs
Size/SF 3,726
Mountain Home, AR
Cap Rate 7.27%
Lease NN+
R. Term 14.90 yrs
Size/SF 2,820
La Porte, IN
Cap Rate 6.35%
Lease NN+
R. Term 14.60 yrs
Size/SF 3,726
Blue Ridge, GA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 3,767
Fort Pierce, FL
Cap Rate 8.00%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 5,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
