AFC Urgent Care – Waxhaw, NC

AFC Urgent Care
8133 Kensington Dr unit c, Waxhaw, NC 28173, USA

Sands Investment Group is pleased to exclusively offer for sale the 2,498 SF AFC Urgent Care Absolute NNN located at 8133 Kensington Drive, Unit C, in Waxhaw, North Carolina. The property features an Absolute Triple Net (NNN) Lease with zero landlord responsibilities, offering a hands-off, turnkey investment, while strong demographics – marked by population growth, rising households, and above-average incomes – support long-term demand and stability.

  • Condo investment located within a Class A, high-traffic shopping center anchored by Harris Teeter, with strong daily foot traffic and notable co-tenancy including Starbucks, Moe’s Southwest Grill, Papa John’s, Great Clips, TCBY Frozen Yogurt, and Cureton Dentistry.
  • Independently operated urgent care with strong historical performance, averaging approximately 22 patients per day and generating $1.58M in annual revenue, with a favorable rent-to-sales ratio of 8.24% and strong projected growth heading into 2026.
  • Strong demographics with a growing population, increasing households, and above-average household income, supporting long-term demand and stability for the location.
  • Absolute Triple Net (NNN) Lease with zero landlord responsibilities, providing a hands-off, turnkey investment with predictable, long-term income.
  • AFC Urgent Care operates over 350 centers across the U.S.
  • The tenant has recently renovated the property to align with the modern standards of AFC.
  • Excellent visibility from Providence Road South, with heavy traffic, offering exposure of over 23,000 VPD.

 

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

AFC Urgent Care
8133 Kensington Dr unit c, Waxhaw, NC 28173, USA

AFC Urgent Care

American Family Care is one of the nation’s leading providers of urgent care, accessible primary care, and occupational medicine. Across the country in 26+ States and over 350 company-owned and franchise-owned clinics, we care for nearly 3 million patients a year. Ranked by Inc. magazine as one of the fastest-growing companies in the United States, AFC’s stated mission is to provide the best healthcare possible, in a kind and caring environment, while respecting the rights of all patients, in an economical manner, at times and locations convenient to the patient. American Family Care centers are a convenient healthcare resource for people nationwide. Our clinics are here to provide the immediate medical care you need at a fraction of the cost you will encounter at the emergency room. We are proud to stand as one of the most widely-known and admired brands in healthcare and anticipate having more than 500 clinics nationwide in the next five years.

Price

$1,850,000

Cap Rate

7.04%

PREMISES

2,498 SF

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

05/31/2030

Lease Type

Absolute NNN

RENTAL INCREASES

10% at Each Renewal

BROKERS

Cole Koepsell
Charleston

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