Fast Pace Urgent Care

• State Capital with a Stable Employment Base: As Kentucky’s capital, Frankfort benefits from a diverse employment base anchored by state government, healthcare, and higher education, supporting stable economic fundamentals and long-term demand.
• Strong Demographics: More than 86,408+ residents with an average household income of $101,961+ reside within a 10-mile radius, complemented by a daytime employment population exceeding 44,600, supporting sustained demand for healthcare services.
• Strategic Location: Strategically located within Frankfort’s dominant retail corridor, directly across from Kroger anchored shopping center and Save-A-Lot anchored shopping center, benefiting from consistent daily consumer traffic and strong retail synergy.
• The Paddocks of Frankfort : Located near The Paddocks of Frankfort, a $150+ million mixed-use development currently under construction and the largest development in the history of Frankfort and Franklin County located off I-64. Upon completion, the project will feature Kentucky’s largest Target and numerous national retailers, further strengthen the area’s retail draw and economic growth.
• Strong Visibility & Accessibility: Excellent frontage along Versailles Road with ±30,600 vehicles per day, complemented by convenient access to I-64, which carries ±46,500 vehicles daily, providing outstanding visibility and regional accessibility.
• Certificate of Need (CON) State & Regional Healthcare Hub: Home to Frankfort Regional Medical Center and numerous specialty medical providers, Frankfort benefits from Kentucky’s Certificate of Need (CON) regulatory environment, creating barriers to entry that help protect established healthcare providers and support long-term demand for outpatient medical services.
• Absolute NNN Lease Structure: Single-tenant NNN lease with the tenant responsible for roof, structure, parking lot, HVAC, etc.
• Corporate Guarantee: With over 300 locations, Fast Pace Health is one of the nation’s largest and fastest-growing urgent care providers. Fast Pace is owned by Revelstoke Capital Partners, a private equity company, with ±$6.2 billion in assets under management.
• Tenant Commitment: Fast Pace Health retained and integrated this location following its 2022 acquisition of First Care Clinics, demonstrating the property’s continued strategic importance within the company’s operating platform.
• Expanded Care Model: Beyond traditional urgent care, this clinic provides Primary Care, Behavioral Health, and Dermatology services, expanding patient reach and reinforcing the location’s long-term strategic importance.