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INVESTMENT OFFERING

SAB Capital is pleased to present WellNow Urgent Care in Ogdensburg, NY, a new construction location with 10 years of initial lease term. The tenant is subject to a double net (NN) lease with landlord responsibilities limited to roof & structure. WellNow is a top 10 urgent care provider in the the United States with over 180 locations across 6 states. The asset is located in a dense retail corridor surrounded by national retailers like Aldi, McDonald’s, Harbor Freight, and many others.

  • WellNow Urgent Care in Ogdensburg, NY | Northern New York
  • Brand New Build-To-Suit | Expected Delivery in Q4 2022
  • Minimal Landlord Responsibilities | Absolute Double Net (NN) Lease Structure
  • Strong Hedge Against Inflation | 8% Increases Every 5 Years
  • Experienced Operator | WellNow is a Top 10 Largest Urgent Care Chain in the U.S
  • High Credit Parent Company¬†| The Aspen Group has Over 1,000 Medical Office Locations Through Aspen Dental and Their Other Brands
  • Dense Retail Trade Area | 460,000 Square of Retail Within 1 Mile
  • Regional Hub Location | Ogdensburg is the Only Incorporated City in St. Lawrence County
  • National Retailers Located Nearby | McDonald’s, Aldi, Burger King, and Many More

Tenant Price Cap Rate Lease Type Square Feet Status
WellNow Urgent Care $2,640,910 5.50% Absolute NN 3,500 Available

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