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Net Lease CareNow

Net Lease CareNow Property Profile and Cap Rates

Date September 16, 2020

Net Lease CareNow – Typical Property and Lease Terms


Price Range:$2 mm - $4 mm
Cap Rate:7.00%
Net Income:$200,000
Price Per foot:$550 PSF
Building Size:5,500 SF
Lot Size:1 Acres
Escalations:2% Annually
Lease Term:15 Years
Lease Type:NN
Credit Rating:Not Rated


Tenant Company Information:

The doctors at CareNow are ready to meet all of a family’s Primary Care medical needs, from sniffles to school physicals and beyond. And they offer hours, locations and services that make them more convenient than an ordinary doctor’s office. Avoid the long waits and other difficulties of going to a hospital emergency room for many Urgent Care issues. Every CareNow center offers expert suture care for cuts, has complete x-ray facilities for sprains and breaks, and is open until 10pm on weekdays, 8pm on Saturday and 5pm on Sunday. CareNow offers a comprehensive range of OccMed services to keep a company’s employees healthy and working safely. Board-certified physicians emphasize a back-to-work mentality as they treat employees. They also work directly to provide clear answers about the health of a company’s employee using a number of detailed management reports. CareNow can set up an occupational medicine plan customized to corporate needs using a computerized Preference Card. Simply fill out your preferences for OccMed protocol, and they put that information into practice by adding it to the employees’ charts. CareNow’s experienced Physical Therapists offer a full range of Physical Therapy services. They implement a progressive approach to injury treatment that combines patient education, individualized exercise, manual therapy and a full range of modalities. CareNow therapy centers use a variety of clinically proven treatment programs, including Anodyne Therapy for painful, numb feet commonly associated with diabetes.