AFC Urgent Care NNN Investor Hub | Cap Rate Trends, Credit Rating Trends, Lease Terms & Due Diligence
Last Year Cap
6.6%
This Year Cap
6.8%
Cap Change
0.3%
AFC Urgent Care – NNN Cap Rate Trend
Cap Rate Trends
| wdt_ID | wdt_created_by | wdt_created_at | wdt_last_edited_by | wdt_last_edited_at | Tenant | Year | Cap Rate |
|---|---|---|---|---|---|---|---|
| 5779 | admin2 | 2026 04:17 AM | admin2 | 2026 04:17 AM | 7 Brew | 2,020 | 6.5 |
| 5780 | admin2 | 2026 04:17 AM | admin2 | 2026 04:17 AM | 7 Brew | 2,021 | 6.3 |
| 5781 | admin2 | 2026 04:17 AM | admin2 | 2026 04:17 AM | 7 Brew | 2,022 | 6.0 |
| 5782 | admin2 | 2026 04:17 AM | admin2 | 2026 04:17 AM | 7 Brew | 2,023 | 6.3 |
| 5783 | admin2 | 2026 04:17 AM | admin2 | 2026 04:17 AM | 7 Brew | 2,024 | 6.6 |
| 5784 | admin2 | 2026 04:17 AM | admin2 | 2026 04:17 AM | 7 Brew | 2,025 | 6.6 |
| Tenant | Year | Cap Rate |
Credit (what net-lease buyers care about)
Credit Snapshot
AFC Urgent Care
AFC Urgent Care Net Lease: Secure, Essential Investment
AFC Urgent Care is a growing national urgent care brand offering healthcare-focused real estate opportunities.
For 1031 exchange buyers, AFC Urgent Care NNN Properties can provide stable income and long-term lease potential.
Investors often target AFC assets for:
- Stable Income
- Essential Healthcare
- Long-Term Leases
- 1031 Exchange Potential
Buyers should review lease terms, rent increases, tenant credit, and landlord responsibilities.
AFC Urgent Care NNN Properties for 1031 Exchange Buyers
AFC Urgent Care NNN properties can provide stable rental income and healthcare-focused real estate. Buyers should review lease terms, tenant credit, location, landlord responsibilities, and resale potential before investing.
AFC Urgent Care Investment Market Statistics
AVERAGE SALE PRICE
BUILDING SIZE
AVERAGE NOI
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AFC Urgent Care Investor Snapshot (Quick Facts)
Origins & Growth (Past)
• Founded in 1982 by Dr. Bruce Irwin
• First location opened in Birmingham, Alabama
• Pioneered non-emergency urgent care with convenient walk-in access
• Expanded through franchising and acquisitions
• 2013 acquisition of Doctors Express accelerated national expansion
Where AFC Urgent Care Stands Today
• 400+ clinic locations nationwide
• 29 states served across the U.S.
• 4M+ patients treated in 2025
• 3,500+ healthcare professionals across the system
• $1B+ in annual system-wide sales
• Services include urgent care, primary care, occupational health, labs, X-rays & physicals
Where AFC Urgent Care Stands Today
• Continued nationwide clinic expansion
• Strong demand for convenient, lower-cost urgent care
• Walk-in model provides an alternative to expensive emergency-room care
• Franchise-based growth model supports continued expansion
• Increasing use of telecare, on-site labs and diagnostic services
Why Investors Buy AFC Urgent Care NNN Properties or AFC Urgent Care Ground Lease Properties?
Pros (what buyers like)
- Essential healthcare service
Consistent demand for urgent medical care. - Strong national brand
400+ locations across 29 state - NNN lease potential
Lower landlord operating responsibilities. - Long-term leases
Provides stable contractual income - Growing healthcare demand
Convenient care supports recurring patient demand.
Cons (what can bite you)
- Tenant credit risk
Verify the actual tenant and guarantor. - Franchise risk
Individual operators may vary financially. - Lease structure varies
Review NNN/NN obligations carefully. - Single-tenant risk
Vacancy can significantly reduce income. - Re-tenanting risk
Specialized medical layouts may limit alternatives.
Investor Decision Framework (Buy / Hold / Sell)
✓ Strong “Buy Box” for AFC Urgent Care
• 10+ years remaining with strong renewal options • Absolute NNN or clean NNN lease • Prime location with strong visibility • Established and growing trade area • Market-aligned rent with good resale potential
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⚠ Yellow Flags (Price Accordingly)
• NN lease with landlord responsibilities • Flat or limited rent escalations • Oversized or outdated facility • Weak visibility or difficult access • Tenant-specific layout with re-tenanting challenges
Find out more
AFC Urgent Care Background & History
AFC Urgent Care, also known as American Family Care, is a U.S. urgent care provider focused on convenient, walk-in healthcare services. Founded in 1982, the company has expanded from its original Alabama location into a national urgent care network.
Over time, AFC expanded its services beyond basic urgent care to include primary care, occupational health, physicals, diagnostic testing, laboratory services, and X-rays. The brand has grown through franchising and expansion into markets across the United States.
Today, AFC locations provide convenient access to non-emergency medical care and serve patients who may otherwise visit primary-care offices or emergency rooms. Its healthcare-focused locations can benefit from recurring demand driven by population growth and everyday medical needs.
Why AFC Urgent Care Matters to NNN Investors
AFC Urgent Care is relevant to NNN investors because urgent care provides an essential, service-based healthcare use with recurring local demand. Properties are typically positioned in established retail or medical trade areas with convenient access and visibility.
Many AFC investment properties are structured with long-term leases, and some feature NNN or Absolute NNN structures, allowing investors to reduce day-to-day landlord responsibilities. Lease terms, rent escalations, tenant guarantees, and property responsibilities vary by individual location.
The healthcare nature of the business can also support long-term tenant demand, particularly in growing communities where convenient medical services are needed.
What Buyers and Sellers Should Evaluate
For investors evaluating an AFC Urgent Care NNN property, an AFC net lease, or an AFC ground lease, the investment thesis should focus on tenant strength, lease structure, property quality, and location fundamentals rather than the AFC brand alone.
Common searches include AFC Urgent Care real estate, AFC cap rate, AFC lease term, AFC tenant credit, and AFC NNN properties. Ultimately, AFC investment value is driven by site-specific factors, lease economics, and the financial strength of the actual lease entity and guarantor.
Buyers and sellers should evaluate remaining lease term, rent escalations, renewal options, NNN responsibilities, tenant guarantees, visibility, access, traffic patterns, surrounding demographics, and competing healthcare providers.
Investors should also consider the property’s re-tenanting potential, building size, parking, zoning, and long-term usability if the AFC tenant eventually vacates. These factors can materially affect both the property’s income durability and its resale value.
our team of experts are here for you
Our team helps investors evaluate NNN properties with practical, market-based guidance. In addition, we support buyers and sellers with lease review, pricing analysis, and due diligence strategy.
Whether you are comparing AFC Urgent Care ground lease properties or fee simple AFC Urgent Care assets, we can help you review the details that affect risk and long-term value. As a result, clients can make more confident decisions based on lease structure, location quality, and investment goals.