Single-Tenant Office Medical
Fresenius Kidney Care
11305 Station W Dr, Knoxville, TN 37934
Listing Price: $1,429,000
Investment Overview
Marcus & Millichap is pleased to present Fresenius Kidney Care, a truly rare investment opportunity for an investor to purchase a property with a proven track record of success in the market of Knoxville, TN. This is a corporate backed lease with a credit tenant. Additionally, this property is an essential business making it a recession, pandemic, and e-commerce proof concept. This tenant also has 30+ years of operating as this location and exercised the most recent 5 year option early showing their commitment to this site. This prime property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.
Fresenius Kidney Care
Investment Highlights
- Corporate Backed Lease With Credit Tenant
- Essential Business - Recession, Pandemic and E-commerce Proof
- 30+ Years Operating History Out of This Location
- 2.5% Annual Increases with a 7% Annual Increase on 9/1/2024 with 3% Annual Increases in the Option Periods
- Exercised Most Recent 5 Year Option Early
Listing Price: $1,429,000
Investment Highlights
- Corporate Backed Lease With Credit Tenant
- Essential Business - Recession, Pandemic and E-commerce Proof
- 30+ Years Operating History Out of This Location
- 2.5% Annual Increases with a 7% Annual Increase on 9/1/2024 with 3% Annual Increases in the Option Periods
- Exercised Most Recent 5 Year Option Early
Investment Overview
Marcus & Millichap is pleased to present Fresenius Kidney Care, a truly rare investment opportunity for an investor to purchase a property with a proven track record of success in the market of Knoxville, TN. This is a corporate backed lease with a credit tenant. Additionally, this property is an essential business making it a recession, pandemic, and e-commerce proof concept. This tenant also has 30+ years of operating as this location and exercised the most recent 5 year option early showing their commitment to this site. This prime property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.
