Triple Net Investment Group

AFC Urgent Care

Interested in selling your AFC Urgent Care NNN property or AFC Urgent Care ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market AFC Urgent Care NNN property for sale or AFC Urgent Care ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your AFC Urgent Care NNN property or the inclusion of a AFC Urgent Care ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market AFC Urgent Care properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of 2024, AFC Urgent Care operates over 350 urgent care clinics across more than 35 U.S. states, making it one of the largest urgent care networks in the country. The brand continues to expand rapidly in both urban and suburban markets.

Revenue and income

AFC Urgent Care is a privately held company, so detailed revenue and net income figures are not publicly disclosed. However, industry estimates indicate that AFC Urgent Care generates several hundred million dollars in annual system-wide revenue, supported by patient visits, occupational health services, and employer partnerships.

Future plans

AFC Urgent Care plans to continue aggressive nationwide expansion through:

  • Opening new franchised and corporate clinics across high-growth markets

  • Expanding occupational health, telemedicine, and employer health services

  • Investing in technology, patient experience, and digital scheduling platforms

  • Strengthening partnerships with local employers, schools, and healthcare systems

Corporate vs. franchise

AFC Urgent Care operates under a primarily franchise-based model.

  • Most AFC locations are franchise-owned and operated

  • The company also maintains a small number of corporate-owned clinics

  • Franchisees pay an initial franchise fee and ongoing royalty and marketing fees, consistent with healthcare franchise standards

Additional information AFC Urgent Care Properties

    1. AFC Urgent Care was founded in 1982 by Dr. Bruce Irwin in Birmingham, Alabama.

    2. The company is widely recognized for providing walk-in urgent care services without appointments, serving both insured and self-pay patients.

    3. AFC clinics typically offer extended hours, including evenings and weekends, making them a reliable healthcare option for communities.

    4. AFC Urgent Care is headquartered in Birmingham, Alabama, and operates as part of American Family Care, Inc.

AFC Urgent Care History

AFC Urgent Care was founded in 1982 with the goal of providing accessible, affordable, and efficient medical care outside of traditional emergency rooms. The company quickly grew by offering walk-in urgent care services for non-life-threatening illnesses and injuries.

Over the decades, AFC expanded its service offerings to include occupational health, travel medicine, lab testing, X-rays, and preventive care. By adopting a franchise growth strategy, AFC Urgent Care scaled rapidly across the United States. Today, it is recognized as one of the most established and trusted urgent care brands, continuing to innovate in healthcare delivery and patient access.

Why Invest in Ground Lease and NNN Lease of AFC Urgent Care?

Investing in AFC Urgent Care ground lease or triple net (NNN) lease properties offers strong benefits due to the brand’s healthcare demand, long operating hours, and essential-service nature.

1) AFC Urgent Care NNN Property Investment: Stable income

Urgent care facilities provide essential medical services with consistent patient demand, supporting stable and recurring rental income for property owners.

2) AFC Urgent Care NNN Property Investment: Established tenant

With over four decades of operational history, AFC Urgent Care is a proven healthcare provider with strong brand recognition and long-term viability.

3) AFC Urgent Care NNN Property Investment: Low management responsibility

Under NNN or ground lease structures, AFC typically covers taxes, insurance, maintenance, utilities, and repairs, creating a passive investment profile.

4) AFC Urgent Care NNN Property Investment: Favorable lease terms

Leases often include long initial terms, renewal options, and rent escalations, providing predictable cash flow and reduced turnover risk.

5) AFC Urgent Care NNN Property Investment: Real estate value

AFC clinics are commonly located in high-traffic retail corridors, dense residential areas, and medical hubs, supporting long-term property value.

Pros and Cons of AFC Urgent Care Ground Lease and NNN Lease Investment

Pros:

    1. Stable income from an essential healthcare service

    2. Long-term tenant demand driven by community medical needs

    3. Minimal landlord responsibilities under NNN structures

    4. Long lease terms with scheduled rent increases

Cons:

    1. Lease renewal risk at the end of the initial term

    2. Dependence on healthcare regulations and reimbursement trends

    3. Location-specific performance variability

    4. Limited landlord control under NNN or ground lease structures

    5. Broader economic and real estate market risks

As with any NNN investment, thorough due diligence is critical. Reviewing the tenant’s lease terms, location demographics, healthcare demand, and franchise operator strength is essential. Consulting with NNN real estate professionals and financial advisors can help ensure alignment with your investment goals and risk tolerance.

MarketWatch: AFC Urgent Care

MarketWatch: AFC Urgent Care

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