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Single-Tenant Office Medical

AFC Urgent Care

135 E Main St, New Britain, CT 06051

Listing Price: $1,675,000

Cap Rate
6.50%
Tenant Name
AFC Urgent Care
Years Remaining On Lease
10.8
Gross SF
3,200
Guarantor
Corporate Guarantee
Rentable SF
3,200
Price/Gross SF
$523.44
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.49

Investment Overview

Marcus & Millichap is pleased to present 135 East Main Street, New Britain Connecticut 06051. The subject property is a freestanding, 3,200-square foot building on a 0.55 acre lot, and currently operates as a triple-net leased American Family Care (AFC) Urgent Care location. The property was renovated-to-suit in 2016, complete with a new roof, and features a brand new 15-year lease term, there is 10 years left on the lease. The lease also calls for three, five-year options and attractive annual increases starting in year three. American Family Care (AFC) is one of the nation’s leading providers of urgent care services, with over 160 clinics nationwide. The company has been ranked by Inc. Magazine as one of the fastest growing companies in the United States.

Investment Highlights

  • Triple-Net AFC Urgent Care | Complete Renovation 2016
  • 10 Years Left on the 15 Initial Lease Term
  • AFC Ranked one of the Fastest Growing Companies in the U.S. by Inc. Magazine
  • Close Proximity to Central Connecticut State University
  • Strong Trade Area, Exposure to Over 32,000 Vehicles

Exclusively Listed By

  • Laurie Ann Drinkwater

    Senior Vice President Investments

    (617) 896-7230

    Email Laurie Ann

    License(s): CT: REB.0751880, MA: 147511, RI: B 16787

    Boston

  • Seth J. Richard

    Licensed Real Estate Salesperson

    (212) 430-5164

    Email Seth

    License(s): CT: RES- 0764595, NY: 10401275108, MA: 149700

    Manhattan

  • Willie Jalboukh

    Licensed Associate Real Estate Broker

    (212) 430-6154

    Email Willie

    License(s): NY: 10301218139

    Manhattan

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s) CT: REB.0752012

    Connecticut

Single-Tenant Office Medical

AFC Urgent Care

Listing Price: $1,675,000

Cap Rate
6.50%
Tenant Name
AFC Urgent Care
Years Remaining On Lease
10.8
Gross SF
3,200
Guarantor
Corporate Guarantee
Rentable SF
3,200
Price/Gross SF
$523.44
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.49

Investment Highlights

  • Triple-Net AFC Urgent Care | Complete Renovation 2016
  • 10 Years Left on the 15 Initial Lease Term
  • AFC Ranked one of the Fastest Growing Companies in the U.S. by Inc. Magazine
  • Close Proximity to Central Connecticut State University
  • Strong Trade Area, Exposure to Over 32,000 Vehicles

Investment Overview

Marcus & Millichap is pleased to present 135 East Main Street, New Britain Connecticut 06051. The subject property is a freestanding, 3,200-square foot building on a 0.55 acre lot, and currently operates as a triple-net leased American Family Care (AFC) Urgent Care location. The property was renovated-to-suit in 2016, complete with a new roof, and features a brand new 15-year lease term, there is 10 years left on the lease. The lease also calls for three, five-year options and attractive annual increases starting in year three. American Family Care (AFC) is one of the nation’s leading providers of urgent care services, with over 160 clinics nationwide. The company has been ranked by Inc. Magazine as one of the fastest growing companies in the United States.

Exclusively Listed By

  • Laurie Ann Drinkwater

    Senior Vice President Investments

    (617) 896-7230

    Email Laurie Ann

    License(s): CT: REB.0751880, MA: 147511, RI: B 16787

    Boston

  • Seth J. Richard

    Licensed Real Estate Salesperson

    (212) 430-5164

    Email Seth

    License(s): CT: RES- 0764595, NY: 10401275108, MA: 149700

    Manhattan

  • Willie Jalboukh

    Licensed Associate Real Estate Broker

    (212) 430-6154

    Email Willie

    License(s): NY: 10301218139

    Manhattan

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s): CT: REB.0752012

    Connecticut

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