loader
Join Free
Views: 378 DOM: 171 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 14.8
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...

...

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...


...

Demographics

  1 Miles 3 Miles 5 Miles
2029 Total Population : 3,958 24,127 44,575
2024 Total Population : 3,815 23,177 42,798
2024 Employed Civilian Pop : 1,438 10,001 19,340
2024 Total Businesses : 450 1,410 1,913
2024 Average Household Income : $ 48,469 $ 56,852 $ 74,361
2024 Total Consumer Spending : $ 58 M $ 438 M $ 1109 M
2024 Median Age : 36 36 38
2024 Total Households : 1,344 8,554 16,665
2024 Pop Age 25+: Bachelor's Degree : 215 1,802 4,915
2024 Average Home Value : $ 239,322 $ 228,520 $ 280,599
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
South Horner Boulevard Bragg St 2022 22,588 0.06 mi
US 421 BUS Bragg St 2020 21,000 0.22 mi
S Horner Blvd E Globe St 2012 25,000 0.22 mi
Bragg Street S Horner Blvd 2022 9,278 0.25 mi
US 421 BUS Hester Ct 2020 22,000 0.29 mi
South Horner Boulevard Hester Ct 2019 24,500 0.30 mi
US 421 Business;NC 4 Hester Ct 2022 23,325 0.31 mi
South Horner Boulevard Lee Ave 2022 23,702 0.36 mi
Nash Street Clearwater Dr 2022 6,891 0.36 mi
East Main Street W Main St 2022 12,246 0.40 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity