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Single-Tenant Office Medical

Fresenius Medical Care (Absolute NNN)

200 E Frontage Rd, Sardis, MS 38666

Listing Price: $2,328,281

Cap Rate
5.50%
Tenant Name
MS RENAL CARE GROUP TUPELO, LLC
Years Remaining On Lease
16.5
Guarantor
Corporate Guarantee
Rentable SF
5,853
Lease Type
Absolute Net
Rent Per Square Feet
$21.88

Investment Overview

20-year (17-years remaining) Absolute NNN lease with annual CPI rent increases (1% floor, 2% max). There are an additional three, 5-Year Renewal Option Periods. Unlike the standard dialysis center leases with significant Landlord responsibilities (such as roof, structure, parking lot and HVAC replacement), the Subject Property has an absolute NNN lease structure that provides an investor with a long-term, passive income stream with no landlord maintenance responsibilities whatsoever. Fresenius Medical Care Holdings, Inc., the Guarantor under the Lease, carries an Investment Grade Credit Rating of “BBB/Stable” from S&P and “Baa3/Stable” from Moody’s. See full package for details.

Investment Highlights

  • RARE 20-YEAR (17 YEARS REMAINING) ORIGINAL LEASE TERM WITH ANNUAL CPI INCREASES
  • ABSOLUTE NNN LEASE
  • WELL-ESTABLISHED LOCATION AND ONLY DIALYSIS CLINIC WITHIN 25+ MILES
  • INVESTMENT GRADE LEASE GUARANTOR

Exclusively Listed By

Single-Tenant Office Medical

Fresenius Medical Care (Absolute NNN)

Listing Price: $2,328,281

Cap Rate
5.50%
Tenant Name
MS RENAL CARE GROUP TUPELO, LLC
Years Remaining On Lease
16.5
Guarantor
Corporate Guarantee
Rentable SF
5,853
Lease Type
Absolute Net
Rent Per Square Feet
$21.88

Investment Highlights

  • RARE 20-YEAR (17 YEARS REMAINING) ORIGINAL LEASE TERM WITH ANNUAL CPI INCREASES
  • ABSOLUTE NNN LEASE
  • WELL-ESTABLISHED LOCATION AND ONLY DIALYSIS CLINIC WITHIN 25+ MILES
  • INVESTMENT GRADE LEASE GUARANTOR

Investment Overview

20-year (17-years remaining) Absolute NNN lease with annual CPI rent increases (1% floor, 2% max). There are an additional three, 5-Year Renewal Option Periods. Unlike the standard dialysis center leases with significant Landlord responsibilities (such as roof, structure, parking lot and HVAC replacement), the Subject Property has an absolute NNN lease structure that provides an investor with a long-term, passive income stream with no landlord maintenance responsibilities whatsoever. Fresenius Medical Care Holdings, Inc., the Guarantor under the Lease, carries an Investment Grade Credit Rating of “BBB/Stable” from S&P and “Baa3/Stable” from Moody’s. See full package for details.

Exclusively Listed By

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