Description

Fast Pace Urgent Care is a 3,600 SF healthcare property for sale at 508 U.S. 61 in Natchez, MS. Built in 2021 and 100% occupied, the property pairs a purpose-built clinic with an existing urgent care tenancy.

The building sits on 0.65 acres and has 25 parking spaces, giving patients and staff dedicated on-site parking. Fast Pace Urgent Care operates the clinic under an absolute NNN lease with tenant responsibility for maintenance and property expenses, including the roof and structure. The original lease term is 15 years, with three 5-year renewal options. For a medical office investor, the lease places day-to-day property obligations with the operator rather than the landlord.

The property sits within the Beechwood development along Blues Highway (U.S. 61), where traffic is 24,347 vehicles per day. Nearby businesses include CVS pharmacy, Dollar General and Harbor Freight, placing the clinic among established retail destinations. Downtown Natchez is 3.2 miles away. That setting gives a healthcare investor a clear picture of how the clinic fits into its commercial surroundings, while the highway traffic and nearby businesses establish its visibility to people traveling through the area.

The asking price is $1,809,417, or $502.62 PSF, with $126,680 in NOI and a 7% cap rate. The 10.1-year WALT gives an investor a defined remaining income horizon, while scheduled 10% rent increases every five years establish the lease’s growth schedule. Together with the absolute NNN structure, those terms frame an acquisition centered on existing tenancy and limited landlord expense responsibility. Review the Offering Memorandum for the full offering.