Freestanding Urgent Care
206 CEDAR LN, Knoxville, TN 37912
For Sale
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Purpose-built for outpatient care, the clinic is occupied by Fast Pace Health under a triple-net lease.
Property Size3,600 SF
Price / SF$730.56
Days on Market42
Property Features for 206 CEDAR LN
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Highway Access
Tenant in Place
Building Details
Year Built
Buildings
Building Size
Tenancy
Listing Agency:
ParaSell Inc
Listed By:
Scott Reid · License #CQ1059597
(949) 942-6585
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 4:56PM
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 ParaSell Inc
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Investment Insights
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Completed in 2022, this freestanding clinic contains 3,600 square feet and was designed for urgent care. Fast Pace Health occupies the property under a NNN lease, with the tenant’s lease obligation guaranteed by FP UC Holdings, Inc. dba Fast Pace Health. The agreement has 10.25 years remaining through December 2036, includes three fixed 5-year renewal options, and provides for 10% rent increases every five years; the next increase is scheduled for January 2027.
The clinic is located on Cedar Lane in North Knoxville, with access to I-75 and nearby residential and commercial areas in Knoxville, Powell and Halls Crossing. Fast Pace Health provides outpatient services that include urgent care, primary care, behavioral health, dermatology, orthopedics and physical therapy.
The clinic is located on Cedar Lane in North Knoxville, with access to I-75 and nearby residential and commercial areas in Knoxville, Powell and Halls Crossing. Fast Pace Health provides outpatient services that include urgent care, primary care, behavioral health, dermatology, orthopedics and physical therapy.
Key Highlights
- 3,600‑square‑foot freestanding clinic completed in 2022
- 100% leased to Fast Pace Health under a NNN lease
- 10.25 years remaining on the initial lease term through December 2036
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
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Business Placement
Demographics for 37912, TN
22,313
Population
10,916
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
2,105
Density / Sq Mi
$44,754
Median Household Income
$30,859
Median Earnings
$1,050
Median Rent
$185,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - Purpose-built for outpatient care, the clinic is occupied by Fast Pace Health under a triple-net lease.
Where is this medical center located?
The property is located at 206 CEDAR LN Knoxville, TN.
What is the asking price?
The asking price for this property is $2,630,000.
What are key features of this property?
This property features: 3,600‑square‑foot freestanding clinic completed in 2022; 100% leased to Fast Pace Health under a NNN lease; 10.25 years remaining on the initial lease term through December 2036
