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Office Medical

Fresenius Kidney Care

627 US-82, Indianola, MS 38751

Listing Price: $1,175,000

Cap Rate
7.10%
Gross SF
5,600
Rentable SF
5,600
Price/Gross SF
$209.82
Occupancy
100.0%
Year Built
1994
Lot Size
1.20 acres

Investment Overview

Longstanding Location for Tenant
- Tenant at Location Since 1994

Early Five-Year Lease Extension
- 5.5 Years of Lease Term Remaining

Annual Rental Increases
- 2% Annual Rental Increases

Passive Triple Net Lease Structure
- Tenant Responsible for Capital Expenditures

Certificate of Need State
- High Barrier to Entry for Competition and Limited Ability for Tenant to Relocate

100% Market Share in Indianola, MS
- Only Dialysis Clinic in 20 Mile Radius

Large Format Clinic Operating 6 Days/wk.
- 21 Dialysis Stations

Investment Highlights

  • Longstanding Location for Tenant Tenant at Location Since 1994
  • Early Five-Year Lease Extension 5.5 Years of Lease Term Remaining
  • Annual Rental Increases 2% Annual Rental Increases
  • Passive Triple Net Lease Structure Tenant Responsible for Capital Expenditures
  • Certificate of Need State High Barrier to Entry for Competition and Limited Ability for Tenant to Relocate
  • 100% Market Share in Indianola, MS Only Dialysis Clinic in 20 Mile Radius
  • Large Format Clinic Operating 6 Days/wk. 21 Dialysis Stations

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Office Medical

Fresenius Kidney Care

Listing Price: $1,175,000

Cap Rate
7.10%
Gross SF
5,600
Rentable SF
5,600
Price/Gross SF
$209.82
Occupancy
100.0%
Year Built
1994
Lot Size
1.20 acres

Investment Highlights

  • Longstanding Location for Tenant Tenant at Location Since 1994
  • Early Five-Year Lease Extension 5.5 Years of Lease Term Remaining
  • Annual Rental Increases 2% Annual Rental Increases
  • Passive Triple Net Lease Structure Tenant Responsible for Capital Expenditures
  • Certificate of Need State High Barrier to Entry for Competition and Limited Ability for Tenant to Relocate
  • 100% Market Share in Indianola, MS Only Dialysis Clinic in 20 Mile Radius
  • Large Format Clinic Operating 6 Days/wk. 21 Dialysis Stations

Investment Overview

Longstanding Location for Tenant - Tenant at Location Since 1994 Early Five-Year Lease Extension - 5.5 Years of Lease Term Remaining Annual Rental Increases - 2% Annual Rental Increases Passive Triple Net Lease Structure - Tenant Responsible for Capital Expenditures Certificate of Need State - High Barrier to Entry for Competition and Limited Ability for Tenant to Relocate 100% Market Share in Indianola, MS - Only Dialysis Clinic in 20 Mile Radius Large Format Clinic Operating 6 Days/wk. - 21 Dialysis Stations

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

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