Single-Tenant Office Medical
Fresenius Medical Care
130 Westavia Blvd, Scottsburg, IN 47170
Listing Price: $2,288,000
Investment Overview
The subject offering allows both new and experienced investors to acquire a corporately guaranteed, double-net Fresenius Medical Care (NYSE: FMS) property located in Scottsburg, Indiana. The 7,914 S/F building (75% Fresenius) was constructed in 2009 and is located within 2.5 miles of Scott Memorial Hospital, the largest medical complex in Scottsburg. The lease, which was recently renewed, has 6 years and 7 months remaining along with three (3) 5-year options. Significant upside potential resides in the remaining 1,970 SF that is currently being used for storage by a single-unit retailer. This space could be a potential expansion opportunity for Fresenius or rented at market rates to increase the asset’s net operating income. Current NOI has incorporated estimated taxes and insurance expenses for remaining SF, leaving a value-add opportunity for the incoming investor.
Investment Highlights
- Double Net Lease
- Corporate Guarantee
- 6+ Years Remaining on Lease Term
- Minimal Dialysis Competition within 20 Miles
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,288,000
Investment Highlights
- Double Net Lease
- Corporate Guarantee
- 6+ Years Remaining on Lease Term
- Minimal Dialysis Competition within 20 Miles
Investment Overview
The subject offering allows both new and experienced investors to acquire a corporately guaranteed, double-net Fresenius Medical Care (NYSE: FMS) property located in Scottsburg, Indiana. The 7,914 S/F building (75% Fresenius) was constructed in 2009 and is located within 2.5 miles of Scott Memorial Hospital, the largest medical complex in Scottsburg. The lease, which was recently renewed, has 6 years and 7 months remaining along with three (3) 5-year options. Significant upside potential resides in the remaining 1,970 SF that is currently being used for storage by a single-unit retailer. This space could be a potential expansion opportunity for Fresenius or rented at market rates to increase the asset’s net operating income. Current NOI has incorporated estimated taxes and insurance expenses for remaining SF, leaving a value-add opportunity for the incoming investor.
Exclusively Listed By
Broker of Record
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Josh Caruana
First Vice President/District Manager
Financing By

