Humana Centerwell - Senior Primary Care Facility | FOR SALE

Highlights:

• Comprehensive Senior Care Model | Medical care tailored to the senior population with an emphasis on proactive and longitudinal care that drives improvements in health and quality of care
• High Growth Market | 34.10% 1-mile population growth since 2010 | 12.80% 1-mile projected population growth through 2027 | $91,427 average HHI within a 1-mile radius
• An Influx of Affluent Consumers | 2 miles from the proposed $2 Billion “Downtown South” project - 2.1M SF of office, 34,000 residential apartments, 20,000 seat soccer stadium (breaking ground 2023)
• Major Arterial Thoroughfare | Located at the nexus of I-401 and I-70E, the subject property enjoys a prime location with direct access to Downtown Raleigh (8 min drive), the 4th fastest growing metro in the US
• Located at Signalized Hard Corner | Garner Station Boulevard (12,500 ADT) and Fayetteville Road (45,000 ADT), which will help drive the maximum amount of potential patrons to the property
• MedTail Asset Category | The demand for Medical net-lease retail continues to grow year over year
• Favorable Lease Structure | 11% rental increase after year 5 | 10% rental increase first and second option period
• Proximity to Major Market Drivers | Approximately 20 miles northwest of the property is Research Technology Park and RDU Intl. Airport
• Highly Concentrated Retail Corridor | The subject property enjoys synergistic benefits from surrounding investment-grade tenants such as Lowe’s Home Improvement, Big Lots, and Walmart Supercenter

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