829 Main St Woodbury, TN 37190-1032

This exceptional investment opportunity presents a 3,600 square foot medical office building in Woodbury, Tennessee, currently 100% occupied by Fast Pace Health under a triple-net (NNN) lease. The lease, commencing November 2, 2019, and expiring November 1, 2031, has approximately 6.9 years remaining, offering significant long-term stability. The property boasts a strong 6.78% cap rate and a net operating income (NOI) of $108,192, with a sale price of $1,595,752.21 ($443.26 per square foot). Built in 2019, this single-unit building sits on a 0.7-acre lot at 829 W Main St, Woodbury, TN 37190. The lease includes a corporate guarantee from FP UC Holdings, LLC, and features annual rent increases. The tenant, Fast Pace Health, a leading urgent care operator with over 230 locations, provides a stable and growing revenue stream. This property is ideally suited for investors seeking a passive income stream in a tax-free state, and presents a compelling opportunity for a 1031 exchange. Landlord responsibilities are limited to roof and parking lot structure maintenance. The property benefits from a strong local economy, with an average household income within a 5-mile radius exceeding $61,998. Fast Pace Health's expansion into telehealth services further enhances the long-term prospects of this investment.