Peachtree Immediate Care | North Atlanta Suburb

Investment Highlights

PROMINENT ATLANTA RETAIL CORRIDOR | 7.2M SF OF RETAIL
• This Peachtree Immediate Care is at the intersection of Satellite Blvd and Pleasant Hill Road.
• This Peachtree Immediate Care is positioned in the heart of Duluth’s retail corridor and has 7.2M SF of retail in a 1-mile radius (CoStar).
• Surrounding national tenants include Kroger, Sam’s Club, Firestone, Olive Garden, Raising Cane’s, Burger King and more.

LOCATED OFF INTERSTATE 85 (278,000 VPD)
• This subject property is uniquely positioned a half mile from I-85 which sees 278,000 VPD.
• Interstate 85 connects Atlanta, GA to Richmond, VA.

HIGH GROWTH NORTH ATLANTA SUBURB | 5 MI POP: 247,952 W/ 16.64% GROWTH
• Duluth is a high growth North Atlanta suburb, located 24 miles northeast of downtown Atlanta.
• Duluth is one of the fastest-growing communities in Georgia with 247,952 people in a 5 mile radius and 16.64% growth between 2010-2020.
• Gwinnett County is the second most populous county in the state with over 980K people. Gwinnett’s population is expected to exceed 1.2M people by 2035.

NEWLY EXTENDED 10-YEAR CORPORATE PEACHTREE IMMEDIATE CARE WITH ANNUAL BUMPS
• This Peachtree Immediate Care has a 10 year corporate-guaranteed NN lease with annual rent bumps adjusted by CPI with a 3% cap.
• This lease is corporately backed by CRH Healthcare, which operates 98+ locations across Georgia, Florida, and Maryland under three brands: PIC, Patients First, and Patriot Urgent Care.
• This Peachtree Immediate Care has been at this location since 2015 and recently signed a new 10 year lease with a 34% rent increase showcasing their commitment to the location.
• The landlord is responsible for roof, structure, parking lot, HVAC, insurance and landscaping.
• The tenant is responsible for taxes, and utilities.
• The tenant contributes $15,680 in additional income through CAM to pay for landlord expenses.

PEACHTREE IMMEDIATE CARE IS THE LEADING URGENT CARE IN GA | 70+ LOCATIONS
• Peachtree Immediate Care (“PIC”) is the largest urgent care in GA with 70+ locations.
• In 2016, Peachtree Immediate Care partnered with Emory, allowing clinics to be part of a clinically integrated network, where all providers — Emory-employed and network-affiliated — adhere to shared quality metrics and cost objectives.
• This Peachtree Immediate Care has high customer satisfaction as showcased by an impressive 4.62 stars from 2,268 reviews across Birdeye and Google.