609 TENTH AVE S

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609 TENTH AVE S

GREAT FALLS, MT 59405-4048
Asking Price
$2.66M
Cap Rate
6.5%
Asset Type
Medical Office Office
Class
Class B

What's Special

Corporate Guaranty from Top Urgent Care Operator | 10+ Yr NNN Lease | 2.00% Annual Rental Increases <p>Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the fee-simple interest in the single-tenant urgent care facility located at 609 10th Avenue in Great Falls, Montana (the “Property”). The Property is leased to Community Care Partners, LLC, dba BestMed Urgent Care. The Lease is corporately guaranteed by CCP Holdings, LLC which operates 114+ facilities under four banners in six states and is one of the fastest-growing companies in the country with 464% gr

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NOI
$80,000
Cap Rate
3.01%
DSCR
0.51
Underwater
Cash-on-Cash
-9.76%
Monthly Payment
$13,150.334
Annual Cash Flow
$-77,804.005

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