Fast Pace Health NNN Property For Sale — Lincoln, AL
25 Bear Parkway, Lincoln, AL 35096
This Fast Pace Health location offers investors a stable opportunity in Lincoln, AL. The property features a new 15-year NNN lease with 10% rent increases every 5 years, along with three 5-year renewal options. The area is experiencing significant growth, driven by key employers like NASCAR's Talladega Superspeedway and the Honda Manufacturing of Alabama plant, which employs approximately 7,000 individuals. Additionally, the region is undergoing residential expansion with over 500 new home sites approved in 2023-2024, supported by ongoing infrastructure improvements and efforts to attract further industrial development.
- Address: 25 Bear Parkway, Lincoln, AL 35096
- Asking price $2.60M
- 6.55% cap rate
- NOI $169,973
- 15 years remaining
- NNN lease
- Year built: 2022
- Building size: 3,726 SF
- Lot size: 0.72 acres
- Rent increases: 10% increases every 5 years
- Guarantor: Corporate
Location
This Fast Pace Health property is at 25 Bear Parkway in Lincoln, Alabama.
Asset type: Medical/Health