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Net-Leased Urgent Care Center

756 Cosby Hwy, Newport, TN 37821

For Sale
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A brick healthcare facility in Newport is occupied by Fast Pace Health under a newly exercised five-year renewal.

Property Size3,600 SF
Lot Size0.54 Acres
Price / SF$452.26
Days on Market12

Property Features for 756 Cosby Hwy

General Information

Standard status Active
Size 3,600 SF
Lot size 0.54 Acres
Property subtype Retail

Financials

Asking Price $1,628,146
Cap Rate 6.85%

Additional Details

Tenant in Place Yes

Building Details

Year Built 2016
Buildings 1
Construction brick
Tenancy Single
Listing Agency: Matthews
Listed By: Clay Smith · License #TN 361676
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 3:57PM

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 Matthews

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Investment Insights

Based on property information with market context.

Fast Pace Health operates an approximately 3,600-square-foot brick urgent care facility at 756 Cosby Hwy in Newport, Tennessee. Built in 2016, the building sits on roughly 0.54 acres and is leased to the healthcare provider, which has exercised a new five-year renewal.

The property is structured as a net-leased healthcare investment and carries a 6.85% cap rate.

Key Highlights

  • Fast Pace Health is the tenant and has exercised a new five‑year renewal
  • Approximately 3,600 SF brick medical facility built in 2016
  • Property occupies roughly 0.54 acres at 756 Cosby Hwy, Newport, TN 37821

Property Analytics

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Current Use

Fast Pace Primary ... Physician Patricia Mantooth , FNP-BC Physician Gordon Scott Shafer, ... Physician Sheila Yokley , FNP Physician Fast Pace Orthopedics: ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 37821, TN

22,928
Population
10,897
Households
2.1
Avg Household Size
44
Median Age
9%
College-Educated
84%
High-School Grad
129.8 sq mi
ZIP Area
177
Density / Sq Mi
$45,350
Median Household Income
$34,307
Median Earnings
$789
Median Rent
$127,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Medical center - A brick healthcare facility in Newport is occupied by Fast Pace Health under a newly exercised five-year renewal.
Where is this medical center located?
The property is located at 756 Cosby Hwy Newport, TN.
What is the asking price?
The asking price for this property is $1,628,146.
What are key features of this property?
This property features: Fast Pace Health is the tenant and has exercised a new five‑year renewal; Approximately 3,600 SF brick medical facility built in 2016; Property occupies roughly 0.54 acres at 756 Cosby Hwy, Newport, TN 37821
(918) 629-7727 Call to check price and availability
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