Single-Tenant Office Medical

FMC Sulphur, LA

S Beglis Pkwy, Sulphur, LA 70665

Listing Price: $2,500,000

Cap Rate
7.25%
Tenant Name
Fresenius Medical Care Holdings
Years Remaining On Lease
10.9
Gross SF
7,268
Guarantor
Corporate Guarantee
Rentable SF
7,268
Price/Gross SF
$343.97
Lease Type
Double Net
Rent Per Square Feet
$24.95

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the recently completed build to suit Fresenius clinic in Sulphur, Louisiana. The original fifteen-year lease features 10% increases every 5 years. In addition, there are three five-year options to extend the lease.

The city of Sulphur is located in Calcasieu Parish, in the Lake Charles metro area and is referred to as the pride of Southwest Louisiana. The property is within a mile of West Calcasieu Cameron Hospital. This 17-chair, state of the art clinic is the only stand-alone clinic in Sulphur, Louisiana and is ideally positioned to service the residents of Sulphur, Louisiana for many years to come.

FMC Sulphur represents the opportunity for an investor to secure a life-sustaining medical office property with a growing cash flow. There is great stability in this asset with the continuing increase in ESRD and the need for dialysis treatment within this underserved region of the country. Fresenius is the leader in dialysis treatment worldwide, has a credit rating of Baa3 and offers a full corporate guarantee behind the lease at this location.

Investment Highlights

  • Corporate Guarantee by FMCH | NYSE: FMS
  • Scheduled 10% Rental Increases
  • Incredible Yield with Favorable Ground Lease
  • 2018 Construction | Build to Suit

Exclusively Listed By

Broker of Record

  • Chris Shaheen

    Associate

    License(s): LA: BROK.0995692662-ACT

    Louisiana

Single-Tenant Office Medical

FMC Sulphur, LA

Listing Price: $2,500,000

Cap Rate
7.25%
Tenant Name
Fresenius Medical Care Holdings
Years Remaining On Lease
10.9
Gross SF
7,268
Guarantor
Corporate Guarantee
Rentable SF
7,268
Price/Gross SF
$343.97
Lease Type
Double Net
Rent Per Square Feet
$24.95

Investment Highlights

  • Corporate Guarantee by FMCH | NYSE: FMS
  • Scheduled 10% Rental Increases
  • Incredible Yield with Favorable Ground Lease
  • 2018 Construction | Build to Suit

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the recently completed build to suit Fresenius clinic in Sulphur, Louisiana. The original fifteen-year lease features 10% increases every 5 years. In addition, there are three five-year options to extend the lease.

The city of Sulphur is located in Calcasieu Parish, in the Lake Charles metro area and is referred to as the pride of Southwest Louisiana. The property is within a mile of West Calcasieu Cameron Hospital. This 17-chair, state of the art clinic is the only stand-alone clinic in Sulphur, Louisiana and is ideally positioned to service the residents of Sulphur, Louisiana for many years to come.

FMC Sulphur represents the opportunity for an investor to secure a life-sustaining medical office property with a growing cash flow. There is great stability in this asset with the continuing increase in ESRD and the need for dialysis treatment within this underserved region of the country. Fresenius is the leader in dialysis treatment worldwide, has a credit rating of Baa3 and offers a full corporate guarantee behind the lease at this location.

Exclusively Listed By

Broker of Record

  • Chris Shaheen

    Associate

    License(s): LA: BROK.0995692662-ACT

    Louisiana

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