361 Chelsea Xrds Chelsea, AL 35043

This exceptional investment opportunity presents a brand-new, 5,921 square foot medical office building in Chelsea, Alabama, boasting a 14.9-year remaining lease term with Fast Pace Health, a major urgent care provider with over 265 locations. The property features a corporate-guaranteed, triple-net (NNN) lease with attractive 2% annual rent bumps throughout the base term and three, five-year renewal options, ensuring consistent income growth. The building, constructed in 2024, is situated on a 0.88-acre lot and includes 38 parking spaces. Located in a high-growth area with an average household income of $152,977, the property benefits from excellent visibility and access, positioned as an outparcel to a Publix-anchored center with other national tenants like Mavis Tire, Bojangles, and RaceTrac, experiencing 34,146 vehicles per day. The property's strong financial performance is highlighted by a 6.75% cap rate and a net operating income (NOI) of $320,000. This is a fee-simple ownership opportunity with 100% occupancy since May 20, 2024, and a lease expiration date of September 30, 2039. The property's location along Highway 280 provides convenient access to Birmingham, further enhancing its investment appeal. The building is a dual-service facility offering urgent care and physical therapy treatments. The Chelsea location serves a primary trade area of 58,849 residents, within a rapidly growing city, only 20 miles from downtown Birmingham. This is a rare opportunity to acquire a high-quality, stabilized net lease investment with a strong tenant and significant upside potential.