Physicians Care Walk-In Clinic

Long-Term Lease Commitment: The tenant, Urgent Team, executed a brand new 10-Year lease after completion of the property’s renovation. This long-term commitment, paired with the tenant’s initial investment in the site, underscores their confidence in this specific location’s long-term viability.
Corporate Guarantee: Urgent Team is one of the Southeast’s largest independent operators of urgent and family care, boasting 85+ locations across five states. The lease features a corporate guarantee, providing an added layer of security from a scaled, professional healthcare provider.
Passive Income Structure: The NN lease structure is ideal for both local and out-of-state investors. Landlord responsibilities are limited strictly to roof and structure, while the tenant handles taxes, insurance, and CAM reimbursements, ensuring a low-management, “hands-off” investment.
Prime Retail Corridor: The asset is perfectly positioned on Montgomery Highway, a primary commuter artery seeing over 35,000 vehicles per day. It sits within a high-traffic retail hub anchored by Walmart, Lowe’s, Publix, and Costco. This “daily needs” synergy drives consistent brand awareness and walk-in traffic essential for urgent care success.
Recession-Resistant Tenancy: Medical tenants are historically “sticky” due to the massive upfront costs of specialized clinical build-outs and the difficulty of transferring patient bases. This provides the owner with a recession-resistant asset that is unlikely to relocate.
Strong Market Growth: Located in the Birmingham-Hoover MSA—home to 25% of Alabama’s population—the area is experiencing its most significant economic expansion since 2008. Hoover has seen an 8.8% population surge over the last five years, signaling robust long-term demand for healthcare services.
Affluent Patient Base: The property serves a highly desirable demographic, with an average household income exceeding $110,000 within a 1-mile radius. This affluent pocket ensures a strong patient base with high disposable income and quality insurance coverage.
Medical Cluster Location: The site is strategically located near major medical anchors, including UAB Medicine Hoover and Shelby Baptist Medical Center (252 beds). This proximity creates a “medical cluster” effect, where the subject property benefits from the overflow and referral patterns of the region’s largest specialty hospitals.

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Hutt Cooke