October 17, 2024 – Greg Moore of Horvath & Tremblay has successfully completed the sale of a Fast Pace Urgent Care in Greenbrier, Arkansas. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $2,745,000.
Fast Pace Urgent Care is located at 32 South Broadview Street in Greenbrier, Arkansas. The new construction Fast Pace Urgent Care consists of a 2,740 square foot building on a 1.16-acre parcel. Fast Pace Urgent Care has 14+ years remaining on their Modified Triple Net Lease with three (3), five-year renewal options. The Lease calls for attractive 2% annual rent increases throughout the primary term and renewal option periods. The property is strategically situated along South Broadview Street (US Highway 65), the area’s primary commercial and commuter corridor. Fast Pace Urgent Care is positioned in the heart of Greenbrier and is surrounded by prominent national retailers and restaurants, local businesses and municipal buildings, all of which drive traffic to the area. The Property enjoys convenient access to the area’s major roadways including AR Routes 25 and 225. Additionally, the Property is encircled by the area’s residential neighborhoods and is seconds from several area schools providing a built-in customer base. Greenbrier is located in north central Arkansas approximately 45-miles north of Little Rock.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.