Rainbow Pediatrics Portfolio

Highlights:

• 15,931 SF across three medical office assets
• 100% leased to Rainbow Pediatrics since 2005
• New long-term leases with annual rent increases
• NN leases reduce landlord operational obligations
• High-traffic corridors near key healthcare services
• Lease term extends through January 2032

Description:

This three-property portfolio encompasses a total of 15,931 square feet across fully leased medical office buildings, each occupied by Rainbow Pediatrics—a respected healthcare provider serving the Fayetteville, NC area since 2005. Purpose-built for pediatric use, each location features modern exam rooms, efficient layouts that support patient throughput, and dedicated administrative areas, all maintained to a high standard. Rainbow Pediatrics recently committed to new long-term leases at all three sites, signaling operational stability and long-term intent. The leases include scheduled annual rent increases and multiple renewal options, ensuring predictable, increasing cash flow. With NN lease structures in place, ownership benefits from reduced management responsibilities while earning consistent income from a tenant with a strong performance history in pediatric care.

The properties are situated in densely populated corridors throughout Fayetteville and Hope Mills, areas supported by robust residential growth and strong healthcare demand. All sites are easily accessible via major highways and benefit from high traffic counts and proximity to regional retail anchors and other medical service providers. Fayetteville’s economy is significantly driven by Fort Bragg, one of the world’s largest military installations, contributing to a steady flow of patients and economic resilience in the market. The area's expanding population and strong income metrics further enhance long-term tenant viability. With a lease term extending through January 2032, this portfolio offers both location security and tenant longevity in a healthcare-focused environment.