Skip to main content

Single-Tenant Office Medical

AFC Urgent Care 15 Year Lease Tampa MSA

11620 Boyette Rd, Riverview, FL 33569

Listing Price: $3,526,881

Cap Rate
4.65%
Tenant Name
UNIQUE HEALTH CARE SYSTEMS
Years Remaining On Lease
15.0
Guarantor
Franchisee Guarantee
Rentable SF
3,525
Lease Type
Double Net
Rent Per Square Feet
$46.52

Investment Overview

Marcus & Millichap is pleased to present for sale this American Family Care Urgent Care Center located at Boyette Rd. & McMullen Road in Riverview, Florida. Riverview is a fast-growing suburb of Tampa with a population over 95,000 people. Since 2020, Riverview has seen a population growth of 35 percent and is one of the fastest-growing areas in Tampa Bay with its appeal to first-time home buyers, growing families and retirees. Major employers in the Riverview area include MacDill Air Force Base, Port of Tampa, Citigroup Financial Services, Spectrum Cable TV and Internet Provider, Progressive Insurance, and Amazon Fulfillment Center. Riverview has also seen a number of construction projects for large subdivisions of homes and town homes such as Copper Creek and Magnolia Park Subdivisions. This AFC Urgent Care is situated across the street from a Publix Anchored Shopping Center and near numerous major retailers including CVS, Culver’s, Exxon, Truist Bank and 7-11 to name a few. This AFC is also located right next to a O2B Kids Preschool and down the street from Riverview High School with 2,440 students. Hillsborough Community College with more than 19,000 students is also in close proximity. There are many new home subdivisions in close proximity to this AFC Urgent Care Center including Triple Creek the Manors with 125 new homesites and Cedarbrook Development by Pulte Builders with 105 brand new homesites. Apartment complexes in close proximity to this urgent care include Brookside Manor Apartments with 140 rented units, Carriage Point, Rivertree Apartments, and The Enclave at Tranquility Lake with 348 rented units. AFC (American Family Care) was founded in 1982 by Dr. Bruce Irwin who started the first urgent care, family care and primary care practice in Birmingham, Alabama. With Dr. Irwin’s philosophy of “putting the patient first”, this attitude quickly made AFC one of the most successful urgent care clinics in the area. Now more than 35 years later, the AFC brand and philosophy have spread to operating more than 200 facilities in 26 states and treating over 3 Million patients each year. AFC is projected to have over 500 clinics in the next five years.

Investment Highlights

  • Brand New Construction 15 Year Lease with 10% Increases every 5 Years
  • AFC is the Nation's Leading Provider of Urgent Care, Accessible Primary Care, and Occupational Medicine
  • Average Household Income Exceeds $106,000 in a One Mile Radius
  • Average Household Income Exceeds $106,000 in a One Mile Radius
  • Very Strong and Growing AFC Franchisee Guarantee
  • Florida is a No Income Tax State

Exclusively Listed By

Single-Tenant Office Medical

AFC Urgent Care 15 Year Lease Tampa MSA

Listing Price: $3,526,881

Cap Rate
4.65%
Tenant Name
UNIQUE HEALTH CARE SYSTEMS
Years Remaining On Lease
15.0
Guarantor
Franchisee Guarantee
Rentable SF
3,525
Lease Type
Double Net
Rent Per Square Feet
$46.52

Investment Highlights

  • Brand New Construction 15 Year Lease with 10% Increases every 5 Years
  • AFC is the Nation's Leading Provider of Urgent Care, Accessible Primary Care, and Occupational Medicine
  • Average Household Income Exceeds $106,000 in a One Mile Radius
  • Average Household Income Exceeds $106,000 in a One Mile Radius
  • Very Strong and Growing AFC Franchisee Guarantee
  • Florida is a No Income Tax State

Investment Overview

Marcus & Millichap is pleased to present for sale this American Family Care Urgent Care Center located at Boyette Rd. & McMullen Road in Riverview, Florida. Riverview is a fast-growing suburb of Tampa with a population over 95,000 people. Since 2020, Riverview has seen a population growth of 35 percent and is one of the fastest-growing areas in Tampa Bay with its appeal to first-time home buyers, growing families and retirees. Major employers in the Riverview area include MacDill Air Force Base, Port of Tampa, Citigroup Financial Services, Spectrum Cable TV and Internet Provider, Progressive Insurance, and Amazon Fulfillment Center. Riverview has also seen a number of construction projects for large subdivisions of homes and town homes such as Copper Creek and Magnolia Park Subdivisions. This AFC Urgent Care is situated across the street from a Publix Anchored Shopping Center and near numerous major retailers including CVS, Culver’s, Exxon, Truist Bank and 7-11 to name a few. This AFC is also located right next to a O2B Kids Preschool and down the street from Riverview High School with 2,440 students. Hillsborough Community College with more than 19,000 students is also in close proximity. There are many new home subdivisions in close proximity to this AFC Urgent Care Center including Triple Creek the Manors with 125 new homesites and Cedarbrook Development by Pulte Builders with 105 brand new homesites. Apartment complexes in close proximity to this urgent care include Brookside Manor Apartments with 140 rented units, Carriage Point, Rivertree Apartments, and The Enclave at Tranquility Lake with 348 rented units. AFC (American Family Care) was founded in 1982 by Dr. Bruce Irwin who started the first urgent care, family care and primary care practice in Birmingham, Alabama. With Dr. Irwin’s philosophy of “putting the patient first”, this attitude quickly made AFC one of the most successful urgent care clinics in the area. Now more than 35 years later, the AFC brand and philosophy have spread to operating more than 200 facilities in 26 states and treating over 3 Million patients each year. AFC is projected to have over 500 clinics in the next five years.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower