Fast Pace Health Investment
For Sale
Contact for pricing
200 Letton Dr, Paris, KY 40361
NNN leased Fast Pace Health in Paris, KY for sale.
Property Size3,726 SF
Lot Size0.93 Acres
Price / SF$819.91
Days on Market922
Property Features for 200 Letton Dr
General Information
Standard status
Active
Size
3,726 SF
Lot size
0.93 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$200,000
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Feb 22, 2024
Changed: Aug 23
Last Checked: Aug 28 at 8:00PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40361, KY
18,214
Population
8,173
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
87%
High-School Grad
257.1 sq mi
ZIP Area
71
Density / Sq Mi
$57,074
Median Household Income
$36,206
Median Earnings
$793
Median Rent
$216,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- 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
- Walgreens — 103 Ash Dr, Paris, KY 40361
- Latrice Strings — 103 Ash Dr, Paris, KY 403612256
Frequently Asked Questions
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.
