Office
FRESENIUS KIDNEY CARE
1775 NW 80th Blvd, Gainesville, FL 32606
Listing Price: $2,085,000
Cap Rate
6.50%
Rentable SF
8,500
Lot Size
1.55 acres
Year Built
2005
Investment Overview
8,500 RSF Medical Office Building | 100% Leased to Fresenius Kidney Care
FRESENIUS KIDNEY CARE
Investment Highlights
- Recently Executed Lease Extension (Running Through 5/31/2030)
- Original Build-to-Suit Location for Fresenius in 2005
- 2% Annual Rent Increases | Corporate Credit | One 5-Year Renewal Option Remaining
- Busy Location with 21 Dialysis Stations Operating 6 Days Per Week
- Institutional Credit Tenant: Fresenius Kidney Care, the U.S. Dialysis Division of Fresenius Medical Care, the Largest Kidney Care Provider in the World, With Thousands of Clinics Globally and a Publicly Traded Parent Company.
- Strong Market Presence in Gainesville: Fresenius Operates Multiple Facilities in the Gainesville Market Showing Long-Term Commitment to the Region
- Located Within Two-Property Condo Association with Majority Share Interest Conveying with the Sale (See Agent for Further Details)
- Less than 2 Miles from HCA North Florida Hospital (523 Beds)
Exclusively Listed By
Financing By
Listing Price: $2,085,000
Cap Rate
6.50%
Rentable SF
8,500
Lot Size
1.55 acres
Year Built
2005
Investment Highlights
- Recently Executed Lease Extension (Running Through 5/31/2030)
- Original Build-to-Suit Location for Fresenius in 2005
- 2% Annual Rent Increases | Corporate Credit | One 5-Year Renewal Option Remaining
- Busy Location with 21 Dialysis Stations Operating 6 Days Per Week
- Institutional Credit Tenant: Fresenius Kidney Care, the U.S. Dialysis Division of Fresenius Medical Care, the Largest Kidney Care Provider in the World, With Thousands of Clinics Globally and a Publicly Traded Parent Company.
- Strong Market Presence in Gainesville: Fresenius Operates Multiple Facilities in the Gainesville Market Showing Long-Term Commitment to the Region
- Located Within Two-Property Condo Association with Majority Share Interest Conveying with the Sale (See Agent for Further Details)
- Less than 2 Miles from HCA North Florida Hospital (523 Beds)
Investment Overview
8,500 RSF Medical Office Building | 100% Leased to Fresenius Kidney Care
Exclusively Listed By
Financing By
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