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Views: 299 DOM: 106 Updated: 08.28.24 Posted: 06.02.24 Status: Active

Summary

Price $3,333,000
Built/Renov 2024
Tenant AFC Urgent Care
Cap Rate 6.15%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 4,000
Lease Start 08-01-2024
#Units 365
Price/SF $833.25
Expiration 07-31-2039
Tenant Type Medical/Health
NOI $205,000
R. Term 14.10
Ownership Fee Simple
Rent/SF $51.25
Increases 8.0%/5/yrs
Pop 5Mi 42,952
Lot/AC 0.76
Options 4/5yrs/8%
AHHI 5Mi $72,830

Lease Highlights

  • Brand-new 2024 construction
  • Brand-new 15-year lease with 4 (5-year) options to extend
  • The lease features 8% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Franchisee guaranteed lease

Location Description

AFC Urgent Care is strategically located at the signaled, hard corner intersection of S Horner Blvd and Bragg Street, with access to a combined daily traffic count of 43,300 vehicles. The property features ingress and egress on both roads, with shared access with the adjacent Circle K. Additionally, the immediate area is surrounded by well-known national tenants including Planet Fitness, Food...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: AFC Urgent Care
  • Guarantor:Franchisee
  • Company:Franchisee
  • # Units:365
  • Stock:Private

About Tenant

American Family Care is a provider of non-emergency room family healthcare services. All AFC clinics are designed, equipped, and staffed to provide accessible primary care, urgent care, minor...


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Listing Broker

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