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AFC Urgent Care 975 By Pass 123

3,289 SF Office Building Seneca, SC 29678 $2,924,430 CAD ($889 CAD/SF) 5.75% Cap Rate

Investment Highlights

  • New 10-year absolute NNN lease to AFC Urgent Care, a rapidly expanding healthcare tenant
  • All AFC clinics are designed, equipped, and staffed to provide accessible primary care, urgent care, minor emergency treatment, and occupational med
  • American Family Care is listed at #71 in Entrepreneur’s 2024 Franchise 500
  • Rare 2% annual increases in primary term and option periods, providing a passive long term investment opportunity
  • Bon Secours Mercy Health owns and operates 17 urgent care clinics, 2 acute care hospitals, a freestanding emergency center and primary care clinics
  • AFC anticipates having more than 500 clinics nationwide in the next five years

Executive Summary

This AFC Urgent Care has a high-visibility and easily accessible location on U.S. Route 123, Seneca’s primary retail thoroughfare with access to 31,000 vehicles per day directly in front of the site. The site is located near the signalized four way intersection of U.S. Route 123 and State Route 28, combining for 50,900 vehicles per day. The location is surrounded by major national brand retail tenants including Walmart Supercenter, Lowe’s, Food Lion, Staples, McDonald’s, Big Lots, Dollar General, ALDI, Belk, Hobby Lobby, Chick-fil-A, The Home Depot, and many others. This site is located just one mile from Prisma Health Oconee Memorial Hospital, a 169bed hospital with $785,079,108 in patient revenue. The property resides less than eight miles from Clemson University, servicing 22,566 undergraduate students, 5,900 graduate students, and 1,830 full-time faculty.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
3,289 SF
Building Class
B
Year Built
2024
Price
$2,924,430 CAD
Price Per SF
$889 CAD
Cap Rate
5.75%
NOI
$168,151 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,289 SF
Building FAR
0.14
Land Acres
0.52 AC
Parking
25 Spaces

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
520-16-01-012
Land Assessment
$12,979 CAD
Improvements Assessment
$16,350 CAD
Total Assessment
$29,330 CAD
  • Listing ID: 33689911

  • Date on Market: 2024-10-30

  • Last Updated:

  • Address: 975 By Pass 123, Seneca, SC 29678

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