Single-Tenant Office Medical
Fresenius - Corporate Guarantee - New 5 Yr Lease Extension
1320 Mickley Rd, Whitehall (Allentown MSA), PA 18052
Listing Price: $3,706,000
Investment Overview
Fresenius Medical Care (NYSE: FMS) is the world's leading provider of products and services for individuals with renal diseases, of which approximately 4.2 million patients worldwide regularly undergo dialysis treatment. Dialysis is a vital blood cleansing procedure that substitutes the function of the kidneys in case of kidney failure. Fresenius Medical Care offers products and services along the entire dialysis value chain from a single source.
Whitehall Township is a township in Lehigh County, Pennsylvania, home to roughly 29,000 residents. Whitehall Township is a suburb of Allentown in the Lehigh Valley metropolitan region, which has a population of over 862,000 people. The township is roughly 64 miles northwest of Philadelphia and 94 miles west of New York City.
Investment Highlights
- 5 Years Remaining on Corporate Lease with Fresenius (NYSE: FMS)
- 3% Annual Increases Throughout the Base Term and Renewal Options
- Growing Trade Area in the Allentown MSA - 224,505 Residents within a 5-Mile Radius
- Located in a Dense Retail Corridor in Immediate Proximity to Walmart, Lowe's, Whitehall Mall, Lehigh Valley Mall, and Other National Tenants
- Fresenius Medical Care Operates ±3,700 Dialysis Clinics Across the Globe
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By
Single-Tenant Office Medical
Fresenius - Corporate Guarantee - New 5 Yr Lease Extension
Listing Price: $3,706,000
Investment Highlights
- 5 Years Remaining on Corporate Lease with Fresenius (NYSE: FMS)
- 3% Annual Increases Throughout the Base Term and Renewal Options
- Growing Trade Area in the Allentown MSA - 224,505 Residents within a 5-Mile Radius
- Located in a Dense Retail Corridor in Immediate Proximity to Walmart, Lowe's, Whitehall Mall, Lehigh Valley Mall, and Other National Tenants
- Fresenius Medical Care Operates ±3,700 Dialysis Clinics Across the Globe
Investment Overview
Fresenius Medical Care (NYSE: FMS) is the world's leading provider of products and services for individuals with renal diseases, of which approximately 4.2 million patients worldwide regularly undergo dialysis treatment. Dialysis is a vital blood cleansing procedure that substitutes the function of the kidneys in case of kidney failure. Fresenius Medical Care offers products and services along the entire dialysis value chain from a single source. Whitehall Township is a township in Lehigh County, Pennsylvania, home to roughly 29,000 residents. Whitehall Township is a suburb of Allentown in the Lehigh Valley metropolitan region, which has a population of over 862,000 people. The township is roughly 64 miles northwest of Philadelphia and 94 miles west of New York City.
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By