Fast Pace Health Investment
200 Letton Dr Paris, KY 40361
200 Letton Dr, Paris, KY, 40361
Contact for pricing
For Sale
Contact for pricing
NNN leased Fast Pace Health in Paris, KY for sale.
Property Size3,726 SF
Lot Size0.93 Acres
Price / SF$819.91
Days on Market877
Property Features for 200 Letton Dr
General Information
- Standard status
- Active
- Size
- 3,726 SF
- Lot size
- 0.93 Acres
- Property subtype
- Retail
Listing Agency
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed by
Eric Carlton · License #CA 01809955
Source
Crexi
Added: Feb 22, 2024 Checked: Jul 17 at 5:33 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This is an opportunity to purchase a single-tenant Fast Pace Health Urgent Care property in Paris, Kentucky. Fast Pace Health operates over 250 clinics across 6 states. The property features a new NNN lease with a 15-year primary term and three 5-year option periods. The lease includes 10% rent increases every 5 years and a corporate guarantee. Landlord responsibilities are minimal. The building is 3,726 square feet and sits on a 0.93-acre outparcel of a Walmart Supercenter. It is strategically positioned on the hard corner signalized intersection of Lexington Road and Martin Luther King Blvd, with a combined traffic count exceeding 29,700 vehicles per day. Nearby retailers include Walmart Supercenter, Save A Lot, Tractor Supply Co., DaVita Dialysis, McDonald’s, and Taco Bell. The property is intended for commercial real estate use and offers potential for long-term, inflation-resistant income.
Key Highlights
- 15‑year primary NNN lease with corporate guarantee from Fast Pace Health, a company operating over 250 clinics.
- Located on a Walmart Supercenter outparcel at a hard corner signalized intersection with high traffic count (29,700 VPD).
- NNN lease structure provides minimal landlord responsibilities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fast Pace Health ...
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Walgreens — 103 Ash Dr, Paris, KY 40361
- CVS Pharmacy — 101 Lacy Ln, Paris, KY 40361, United States
- CVS — 101 Lacy Ln, Paris, KY 40361
- Walmart Pharmacy — 305 Letton Dr, Paris, KY 40361
- Latrice Strings — 103 Ash Dr, Paris, KY 403612256
FAQs
What type of property is this?
Drug store - NNN leased Fast Pace Health in Paris, KY for sale.
Where is this drug store located?
The property is located at 200 Letton Dr Paris, KY.
What is the asking price?
The asking price for this property is $3,055,000.
What are key features of this property?
This property features: 15‑year primary NNN lease with corporate guarantee from Fast Pace Health, a company operating over 250 clinics.; Located on a Walmart Supercenter outparcel at a hard corner signalized intersection with **high traffic count (29,700 VPD)**.; NNN lease structure provides minimal landlord responsibilities.
