Arrowwood Medical Center 9720 S Tryon St

The property, 9270 S Tryon, has recently undergone significant capital repair projects by the current ownership, including a state-of-the-art roof, stucco replacement, parking lot restriping, upgraded signage, and a new HVAC and furnace installation in October 2023. As a result, a prospective new owner will face minimal near-term capital expenditure requirements. The rent roll demonstrates consistent annual growth, with Sam Kleitches Dentistry benefiting from CPI-linked rent adjustments and ABS Kids' lease featuring contractual 2.50% annual rent bumps. Sam Kleitches Dentistry, a tenant for over 34 years, recently renewed its lease through 2029, with a focus on service-oriented and medical/retail concepts, mitigating the risk of e-commerce disruption. Positioned along the high-traffic South Tryon thoroughfare and enjoying exposure to over 38,000 vehicles daily, the property benefits from a strategic location. The surrounding demographics within a 3-mile radius boast over 50,000 residents with an average household income of $97,036, experiencing a 35% population surge since 2010. Additionally, the property is less than 2.5 miles from major corporations' offices, including Microsoft, Spectrum, CPI Security, and Xerox, further enhancing its appeal as a lucrative investment.