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1029 S Campbell Ave, Springfield, MO, 65807

Total Point Urgent Care
$3,265,262

Key Information

Cap Rate
6.5%
$ per SF
$725
Tot. SF
4,500
Year Built
2020
Term Remaining
±17.1 YRS
Type
Healthcare
NOI
$212,242

Highlights

  • Rare 20 Year Absolute NNN Lease | 17 Years Remaining: The tenant, Total Point Urgent Care, executed a brand new 20 Year Absolute NNN lease upon completion of the building in 2020.

  • Total Point Urgent Care | 17+ Locations | Competitive Advantage: The tenant, Total Point Urgent Care, is a rapidly expanding medical service provider with urgent care, imaging centers, emergency rooms and hospitals across the country. They currently operate 17+ urgent care and primary care facilities across the US, further spreading their mission to provide patients with the highest quality care, at a fraction of the cost of a traditional visit. Total Point sets themselves apart from other providers with urgent care, onsite lab and x-rays, occupational medicine services, school and sports physical exams, and comprehensive men and women’s physicals, which traditionally aren’t offered in the comfort of an urgent care setting.

  • Corporate Guaranty From Elysian Capital, Inc | Strong PE Backing: The lease is corporately guaranteed by Elysian Capital Inc, the tenant’s private equity backer. An investor reaps the benefits of security with a rare corporate guaranty from an established and successful PE firm. The lease also features a personal guaranty from the owner of Elysian Capital, Inc.

  • Springfield, MO MSA | 200,000+ Residents | Significant Population Growth: There are over 200,000+ residents in a five-mile radius of the property. Springfield is expected to continue it’s steady population growth over the foreseeable future, as it saw the state of Missouri’s largest population growth rate over a four-year span, from 2020 to 2023.

  • Proximity to Patient Base | 2 Minutes From Missouri State University (27,000+ Students): This site is just down the road from Missouri State University, which is home to over 27,000+ students – the tenant benefits from its direct proximity to one of Missouri’s largest universities (2nd).

Photos

Location

Agents

Financing Agents

Broker of Record

Kyle Matthews

License # 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203