Corporate Guaranty from Community Care Partners (100+ Units)
– BestMed began in 2008 with a single clinic with nine employees in Eugene, Oregon. SouthStar Urgent Care was founded in 2011 in Lafayette, Louisiana.
– Today, under the Community Care Partners umbrella, the brands operate over ninety clinics across seven states — Oregon, Washington, Montana, Wyoming, Colorado, Louisiana, and Texas.
11+ Years Remaining | 2.00% Annual Rental Increases
– The CCP Holdings. LLC corporate guaranteed lease which has over 11 years remaining on initial lease term with two, five-year options to extend, demonstrating their commitment to the site.
– The lease features 2% annual rental increases throughout the initial term and continuing into the option periods, growing NOI and hedging against inflation.
New 2021 Retrofit | NNN Lease with Limited Landlord Responsibilities
– The subject property was a retrofit for BestMed Urgent Care in 2021 and a strategic location in the main retail corridor in Great Falls, MT.
– The tenant pays for CAM, taxes, and insurance and the landlord’s responsibilities are limited to outer four walls & foundation only.
– This property is an ideal, low-management investment for a passive investor.
Strategic Location Benefiting from a Diverse Economy
– Great Falls is located near the junction of the Missouri River and the Rocky Mountain Front, making it a prime spot for regional trade and transportation. It’s also within driving distance to major cities like Helena, Billings, and Missoula.
– The city’s location provides easy access to major highways, railroads, and even an airport, which is important for businesses that require transportation or shipping.
– Great Falls has a diverse economy that includes manufacturing, agriculture, retail, and healthcare. It’s home to several large employers, including the Malmstrom Air Force Base, which plays a key role in the local economy. This diversity means that the city is not overly reliant on one sector, which can make it more stable and attractive for commercial investment.