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1020 Hwy 62 EMountain Home, AR 72653
Fast Pace Health Urgent Care
Asset ClassHealthcare Facility
overview of deal

Overview

Matthews™ Healthcare Division is pleased to present to qualified investors the opportunity to acquire a brand-new, state-of-the-art Fast Pace Urgent Care clinic located at 1020 Hwy 62 E, Mountain Home, Arkansas. The property is offered at a purchase price of $3,133,214, reflecting a 7.25% cap rate. The 2,820-square-foot facility, constructed in 2024, sits on approximately 0.64 acres and is secured by an NNN lease with over 13 years remaining that features 2% annual rental increases and a corporate guaranty from FP UC Holdings, Inc. Under the lease terms, the tenant is responsible for roof and all interior/exterior maintenance, while the landlord is solely responsible for the building’s structural elements.

 

The investment is backed by one of the nation’s largest and fastest-growing urgent care providers, with Fast Pace Health operating over 300 locations across eight (8) states. Strategically situated along a major east/west artery with traffic counts of 20,000 cars per day, the property benefits from high visibility and a central location within a regional retail hub. It is positioned just down the street from major national retailers including Walmart Supercenter, Home Depot, and Lowe’s, and is only 1.5 miles from the award-winning Baxter Regional Medical Center, which employs 2,000 people.

 

This offering presents investors with the opportunity to acquire a newly constructed asset with significant curb appeal leased to a strong operator under a long-term, passive NNN lease structure. The lease features annual rent escalations and a corporate guaranty, providing a built-in hedge against inflation and enhanced credit profile. Lastly, investors may benefit from accelerated depreciation and potential tax advantages through a cost segregation study (subject to consultation with their CPA).

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Investment Highlights

  • Long-Term Passive Income: The investment opportunity offers investors a brand new 15-year lease with over 13 years remaining.
  • Built-In Rent Growth: The lease features 2% annual increases which ensures investors annual income appreciation and serves as a great hedge against inflation.
  • Minimal Landlord Oversight: The lease features a modified NNN lease structure with tenant responsible for the roof and landlord only responsible for the structural elements of the property.
  • New Construction: This opportunity offers investors a property with attractive real estate and recent construction, thus ensuring minimal capital expenditures for the foreseeable future.
  • High-Caliber Tenant: The property is operated by one of the nation’s largest and fastest growing urgent care providers, operating over 300 locations across eight (8) states.
  • Favorable Depreciation: Due to the extensive build out of this facility, this investment opportunity offers investors the ability to capture favorable depreciation and tax benefits through a cost segregation study. *Investors to consult with their CPA.
  • Retail Synergy: The property is positioned within a regional retail hub near major retail tenants including Walmart Supercenter, Home Depot, Lowe’s, Hobby Lobby, and TJ Maxx.
  • Proximity to Medical Hub: Situated only ±1.5 miles from the award-winning Baxter Regional Medical Center which employs 2,000 people.
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1020 Hwy 62 EMountain Home, AR 72653
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