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Single-Tenant Office Medical

Fresenius Medical Care

1805 S Anderson St, Elwood, IN 46036

Listing Price: $1,500,000

Cap Rate
5.65%
Tenant Name
Fresenius Medical Care
Years Remaining On Lease
10.1
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$200.00
Lease Type
Double Net
Rent Per Square Feet
$11.30

Investment Overview

The Diffie Retail Team is pleased to present exclusively for sale the corporately guaranteed Fresenius Medical Care (NYSE: FMS) located at 1807 S Anderson St Elwood, IN 46036. This deal includes a double net (NN) opportunity with over 10 years remaining in the primary term. A ~12 percent rental increase is scheduled in 2027 and there is very minimal dialysis competition within a twenty-mile radius, making this location integral for dialysis services. The tenant exercised a 10-year extension in 2021 demonstrating their commitment to the site and at $200 per SF, this is a prime opportunity to enter a best-in-class tenant at an appealing price point.

Investment Highlights

  • Recently Executed 10-Year Extension
  • Double Net Lease
  • Corporate Guarantee
  • Minimal Dialysis Competition

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Single-Tenant Office Medical

Fresenius Medical Care

Listing Price: $1,500,000

Cap Rate
5.65%
Tenant Name
Fresenius Medical Care
Years Remaining On Lease
10.1
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$200.00
Lease Type
Double Net
Rent Per Square Feet
$11.30

Investment Highlights

  • Recently Executed 10-Year Extension
  • Double Net Lease
  • Corporate Guarantee
  • Minimal Dialysis Competition

Investment Overview

The Diffie Retail Team is pleased to present exclusively for sale the corporately guaranteed Fresenius Medical Care (NYSE: FMS) located at 1807 S Anderson St Elwood, IN 46036. This deal includes a double net (NN) opportunity with over 10 years remaining in the primary term. A ~12 percent rental increase is scheduled in 2027 and there is very minimal dialysis competition within a twenty-mile radius, making this location integral for dialysis services. The tenant exercised a 10-year extension in 2021 demonstrating their commitment to the site and at $200 per SF, this is a prime opportunity to enter a best-in-class tenant at an appealing price point.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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