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Single-Tenant Office Medical

Fresenius Kidney Care

121 Townsgate Plaza, Clovis, NM 88101

Listing Price: $3,768,298

Cap Rate
5.50%
Tenant Name
Fresenius Kidney Care
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
12,261
Lease Type
Double Net
Rent Per Square Feet
$16.90

Investment Overview

The Clovis Fresenius Kidney Care is a single-tenant, renovation-to-suit, 12,261 square foot kidney dialysis clinic. There are currently 9+ years remaining on the lease that is fully guaranteed by Fresenius Medical Care Holdings Inc. (FMCH) which has a net worth of $14.06 Billion. The lease includes 10% rent increases every 5 years and 3, 5-year renewal options. This clinic is designed to provide state-of-the-art hemodialysis and peritoneal dialysis services to people with chronic kidney disease. Well located within Clovis, NM, this clinic is only 2.5 miles from the Plains Regional Medical Center. Neighboring national retailers include Walmart, Lowes, Petsmart, and many others. Supportive single-family homes can be found primarily to the south and east.

Investment Highlights

  • Located just 2.5 miles away from the Plains Regional Medical Center.
  • 10% rental increases every 5 years
  • Investment Grade Tenant (BBB S&P)
  • 2016 Renovation-to-suit for Fresenius Kidney Care

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Single-Tenant Office Medical

Fresenius Kidney Care

Listing Price: $3,768,298

Cap Rate
5.50%
Tenant Name
Fresenius Kidney Care
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
12,261
Lease Type
Double Net
Rent Per Square Feet
$16.90

Investment Highlights

  • Located just 2.5 miles away from the Plains Regional Medical Center.
  • 10% rental increases every 5 years
  • Investment Grade Tenant (BBB S&P)
  • 2016 Renovation-to-suit for Fresenius Kidney Care

Investment Overview

The Clovis Fresenius Kidney Care is a single-tenant, renovation-to-suit, 12,261 square foot kidney dialysis clinic. There are currently 9+ years remaining on the lease that is fully guaranteed by Fresenius Medical Care Holdings Inc. (FMCH) which has a net worth of $14.06 Billion. The lease includes 10% rent increases every 5 years and 3, 5-year renewal options. This clinic is designed to provide state-of-the-art hemodialysis and peritoneal dialysis services to people with chronic kidney disease. Well located within Clovis, NM, this clinic is only 2.5 miles from the Plains Regional Medical Center. Neighboring national retailers include Walmart, Lowes, Petsmart, and many others. Supportive single-family homes can be found primarily to the south and east.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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