320 Jake Alexander Blvd W, Salisbury, NC 28147

Salisbury sits at the heart of the I-85 Charlotte–Greensboro corridor with nearly 4 million residents within 60 miles. W. Jake Alexander Blvd carries 36,500 vehicles daily, connecting the property to the region’s primary commercial spine.

Commonwealth Pain & Spine (39+ locations, expanding to be the national leader in chronic pain by 2030) and Select Physical Therapy (1,900+ centers, NYSE: SEM parent) provide the credit quality institutional investors demand.

The property sits within a thriving medical hub alongside Novant Health Piedmont Neurosurgery & Spine and Atrium Health Urgent Care. Complementary specialties generate natural patient referral flow between tenants and nearby providers.

Commonwealth escalations of 2.4% annually through the base term and 2.5% through options, plus Select PT’s 2.0% annual increases, compound NOI growth throughout the hold period with no negotiation required.