Skip to main content

Single-Tenant Office Medical

801 W Bristol St

801 W Bristol St, Elkhart, IN 46514

Listing Price: $3,075,000

Cap Rate
5.60%

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a recently completed build to suit Fresenius clinic in Elkhart, Indiana. The fifteen-year lease features 1.7% annual increases. In addition, there are three five-year options to extend the lease.

FKC Elkhart 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 End Stage Renal Disease and the growing need for dialysis treatment within this underserved region of the country. Fresenius is the leader in dialysis treatment worldwide, has an investment grade credit rating of BBB per S&P and offers a full corporate guarantee behind the lease at this location.

Elkhart County is a safe and family-friendly community affording a leisurely lifestyle within easy access of large metropolitan populations within a couple hours. Chicago, Indianapolis and Lake Michigan are all just a short drive away. The property sits on more than 1 acre of land, and enjoys direct frontage on SR -19 aka Bristol St. which is traveled by over 21,000 VPD. This 16-chair, state of the art clinic is ideally positioned to service the residents of Elkhart, Indiana for many years to come.

Investment Highlights

  • 2019 Construction
  • 1.7% Annual Rental Increases
  • Corporate Guarantee by FMCH | NYSE:FMS

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Single-Tenant Office Medical

801 W Bristol St

Listing Price: $3,075,000

Cap Rate
5.60%

Investment Highlights

  • 2019 Construction
  • 1.7% Annual Rental Increases
  • Corporate Guarantee by FMCH | NYSE:FMS

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a recently completed build to suit Fresenius clinic in Elkhart, Indiana. The fifteen-year lease features 1.7% annual increases. In addition, there are three five-year options to extend the lease.

FKC Elkhart 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 End Stage Renal Disease and the growing need for dialysis treatment within this underserved region of the country. Fresenius is the leader in dialysis treatment worldwide, has an investment grade credit rating of BBB per S&P and offers a full corporate guarantee behind the lease at this location.

Elkhart County is a safe and family-friendly community affording a leisurely lifestyle within easy access of large metropolitan populations within a couple hours. Chicago, Indianapolis and Lake Michigan are all just a short drive away. The property sits on more than 1 acre of land, and enjoys direct frontage on SR -19 aka Bristol St. which is traveled by over 21,000 VPD. This 16-chair, state of the art clinic is ideally positioned to service the residents of Elkhart, Indiana for many years to come.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

MM Texture Background
MM Textured Background Lower