Single-Tenant Office Medical
Fresenius
2908 General De Gaulle Dr, New Orleans, LA 70114
Listing Price: $6,017,000
Investment Overview
The NNN Pro Group of Marcus & Millichap is pleased to present the exclusive listing for the Fresenius Medical Care located at 2908 General De Gaulle Dr, New Orleans, Louisiana. The site consists of roughly 7,235 rentable square feet of building space on estimated 0.97-acre parcel of land. This Fresenius was built-to-suit in 2017 and is subject to a 15-year double-net (NN) lease with approximately 10 years of term remaining. The Landlord is responsible for roof & structure. The rent is $346,014 and shall increase by 10% every five-years through the rest of the base term and in each of the three, five-year options.
Fresenius
Investment Highlights
- 15-Year Double-Net (NN) Lease With Approximately 10 Years of Lease Term Remaining | Minimal Landlord Responsibilities That are Not Reimbursed | Primarily Roof & Structure
- Attractive Rental Increases of10% Every 5 Years
- (3) Three (5) Five-Year Options Bringing the Potential Lease Term to 25 Years
Exclusively Listed By
Listing Price: $6,017,000
Investment Highlights
- 15-Year Double-Net (NN) Lease With Approximately 10 Years of Lease Term Remaining | Minimal Landlord Responsibilities That are Not Reimbursed | Primarily Roof & Structure
- Attractive Rental Increases of10% Every 5 Years
- (3) Three (5) Five-Year Options Bringing the Potential Lease Term to 25 Years
Investment Overview
The NNN Pro Group of Marcus & Millichap is pleased to present the exclusive listing for the Fresenius Medical Care located at 2908 General De Gaulle Dr, New Orleans, Louisiana. The site consists of roughly 7,235 rentable square feet of building space on estimated 0.97-acre parcel of land. This Fresenius was built-to-suit in 2017 and is subject to a 15-year double-net (NN) lease with approximately 10 years of term remaining. The Landlord is responsible for roof & structure. The rent is $346,014 and shall increase by 10% every five-years through the rest of the base term and in each of the three, five-year options.
Exclusively Listed By
