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Single-Tenant Office Medical

Fresenius

1012 Hayes Avenue, La Junta, CO 81050

Listing Price: $4,145,000

Cap Rate
7.25%
Tenant Name
Fresenius
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
5,112
Lease Type
Double Net
Rent Per Square Feet
$58.79

Investment Overview

Marcus & Millichap is pleased to present this 5,112 square foot facility for Fresenius Kidney Care. Located in La Junta, Colorado this attractive freestanding medical office building situated on approximatelt 0.95 acres was carefully site selected by Fresenius. The tenant currently has four years and eleven months remaining on the original fifteen-year lease. During the term of the lease there will be 2.25 percent annual rental increases. The strength of Fresenius as the tenant with a corporate guarantee from Fresenius Medical Care Holdings, Inc. (Moody’s Baa3 Stable Rated) allows for a strong, low risk investment.

Located in La Junta, Colorado, this Fresenius dialysis facility benefits from being situated less than a half mile from the 92 bed Arkansas Valley Regional Medical Center. Furthermore, the building is situated one block from Evergreen Gardens assisted living facility and just a few blocks from Casa Del Sol retirement community. This dialysis clinic has 14 chairs operating six days per week, 10 hours per day demonstrating the need for treatment in the area while giving the tenant the ability to add additional shifts over time. The next closest dialysis facility is located more than 50 miles away creating a strong presence and low competition for the facility.

Investment Highlights

  • 2016 Build-to-Suit Construction
  • Four Years and 11 Months Remaining on Original Fifteen Year Lease Term
  • Rare 2.25 Percent Annual Rental Increases
  • Strong Operating Hours: Monday - Saturday 6am - 4pm
  • Corporate Guarantee - Fresenius Medical Care Holdings, inc.
  • FMCH, Inc. Moody's Baa3 Stable Rated
  • Minimal Landlord Responsibilities - Double Net (NN) Lease
  • Next Closest Dialysis Facility Over 50 Miles

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Single-Tenant Office Medical

Fresenius

Listing Price: $4,145,000

Cap Rate
7.25%
Tenant Name
Fresenius
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
5,112
Lease Type
Double Net
Rent Per Square Feet
$58.79

Investment Highlights

  • 2016 Build-to-Suit Construction
  • Four Years and 11 Months Remaining on Original Fifteen Year Lease Term
  • Rare 2.25 Percent Annual Rental Increases
  • Strong Operating Hours: Monday - Saturday 6am - 4pm
  • Corporate Guarantee - Fresenius Medical Care Holdings, inc.
  • FMCH, Inc. Moody's Baa3 Stable Rated
  • Minimal Landlord Responsibilities - Double Net (NN) Lease
  • Next Closest Dialysis Facility Over 50 Miles

Investment Overview

Marcus & Millichap is pleased to present this 5,112 square foot facility for Fresenius Kidney Care. Located in La Junta, Colorado this attractive freestanding medical office building situated on approximatelt 0.95 acres was carefully site selected by Fresenius. The tenant currently has four years and eleven months remaining on the original fifteen-year lease. During the term of the lease there will be 2.25 percent annual rental increases. The strength of Fresenius as the tenant with a corporate guarantee from Fresenius Medical Care Holdings, Inc. (Moody’s Baa3 Stable Rated) allows for a strong, low risk investment. Located in La Junta, Colorado, this Fresenius dialysis facility benefits from being situated less than a half mile from the 92 bed Arkansas Valley Regional Medical Center. Furthermore, the building is situated one block from Evergreen Gardens assisted living facility and just a few blocks from Casa Del Sol retirement community. This dialysis clinic has 14 chairs operating six days per week, 10 hours per day demonstrating the need for treatment in the area while giving the tenant the ability to add additional shifts over time. The next closest dialysis facility is located more than 50 miles away creating a strong presence and low competition for the facility.

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

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