Hometown Urgent Care (WellNow) NNN Property For Sale — Akron, OH
472 E Waterloo Rd, Akron, OH 44319
This property features a 10-year net lease, making it an ideal, hands-off investment with stable, long-term cash flow. The lease includes scheduled 8% rent increases every five years during the base term and option periods, ensuring built-in income growth. The tenant, Hometown Urgent Care & Occupational Health, is Ohio’s largest urgent care provider with 32 locations. The property is strategically located at a high-visibility, signalized intersection on East Waterloo Rd, experiencing over 24,700 vehicles per day. It operates as a direct outparcel to Giant Eagle, a dominant regional grocer, and is shadow-anchored by South Plaza Shopping Center. The location offers excellent accessibility, situated less than half a mile from the I-77/I-277 interchange. A strong consumer base surrounds the p…
- Address: 472 E Waterloo Rd, Akron, OH 44319
- Asking price $2.41M
- 6.75% cap rate
- NOI $162,818
- 10 years remaining
- NNN lease
- Year built: 2022
- Building size: 3,506 SF
- Lot size: 0.68 acres
- Rent increases: 8% rent bumps every five years during the base term and option periods
- Guarantor: Corporate
Location
This Hometown Urgent Care (WellNow) property is at 472 E Waterloo Rd in Akron, Ohio.
Asset type: Medical