RealtyLink Development

Alabama Urgent Care Portfolio

2134 Douglas Avenue, Brewton, AL 36426
1401 AL Highway 14, Millbrook, AL 36054
6280 Grelot Road, Mobile, AL 36609
1195 S Alabama Avenue, Monroeville, AL 36460
300 Big Mountain Road, Pelham, AL 35242

Property: Investment Sales

Square Footage: +/- 3,354 – 4,073

Acreage: +/- 0.66 – 1.31

Price: $1,393,500 - $1,954,500

Cap Rate: 7.25% - 7.50%

Description:

  • Newly constructed buildings on main corridors with easy access and high visibility
  • Corporate guaranteed leases with 10 years of base term remaining
  • 10% rent bumps every 5 years including each of the 4 renewal options
  • Growing medical company based in Birmingham with 16 locations throughout the state
  • Company recently announced primary care offerings in addition to urgent care
  • Strong traffic counts and demographics for their respective markets