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 (“Property” or “Asset”).
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, LASIK, Oculoplastics, Retinal Care, Glaucoma treatment, and all other eye concerns. CVC ranks 1st in Fayetteville and 4th in North Carolina for number of total procedures performed, making up 4.1% of all Ophthalmology procedures. The Tenant operates on an Absolute NNN lease with 17.5 years of term remaining and multiple renewal options.
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.
The Property is positioned adjacent to the corner of Robeson Street & Village Drive with prime exposure to more than 42,000 VPD. In addition to over 100 medical offices & facilities, the surrounding corridor includes a plethora or retail, recreational and residential activity.
Market Leading Tenancy
Carolina Vision Center ranks 1st in Fayetteville and 4th in North Carolina for number of procedures performed
Premier Healthcare Corridor
More than 100 medical offices & facilities within 1.5-miles including Cape Fear Valley Medical Center, North Carolina’s top regional hospital
Near Major Military Base
Close proximity to Fort Liberty (formerly Fort Bragg), the largest military base in the world
Top Growth Region
The Fayetteville MSA is the third fast growing MSA is the nation with a 38% population growth between 2016-2021
Optimal Lease Terms
Absolute NNN lease with 17.5 years of term remaining, below market rents and annual increases