Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a freestanding single-tenant Carolina Vision Center located at 2047 Valleygate Drive in Fayetteville, NC. Carolina Vision Center (“CVC” or the “Tenant”) is North Carolina's leading Ophthalmology center, providing a wide range of comprehensive eye care treatment services including cataract surgery. CVC ranks 1st in Fayetteville and 4th in North Carolina for the number of total procedures performed, making up 4.1% of all Ophthalmology procedures. The Tenant is operating on an Absolute NNN lease with 17.3 years of term remaining.
This Asset is situated within a dense medical corridor anchored by Cape Fear Valley Medical Center campus, a 685-bed full-service hospital that is widely recognized as the top regional hospital in North Carolina. As a result, the immediate area has attracted over 100 healthcare facilities, which supports long-term medical demand to the area.
Located 65 miles south of Raleigh, Fayetteville is the third fastest growing metro area in the nation with an unprecedented 38% population growth between 2016-2021. Such growth has been a catalyst for development opportunities in Fayetteville which includes new facilities for national companies like FedEx and Amazon. Fort Liberty, formerly Fort Bragg, is located within the region and has an economic impact on the local region exceeding $8 billion annually.
This unique opportunity allows investors the ability to acquire an essential medical asset within one of the fastest-growing regions in the nation. The asset offers secure, long-term cash flow from industry-leading tenancy.
MARKET LEADING HEALTHCARE TENANCY
MISSION-CRITICAL MEDICAL & SURGICAL CENTER
HIGH GROWTH REGION IN A PREMIER HEALTHCARE CORRIDOR
RAPIDLY GROWING HEALTHCARE SERVICES INDUSTRY
OPTIMAL LONG-TERM NET LEASE WITH ZERO LANDLORD RESPONSIBILITIES