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Single-Tenant Office Medical

Fresenius Kidney Dialysis Center | Densely Populated Los Angeles Suburb | Long Term Lease

1525 Long Beach Blvd, Long Beach (Los Angeles MSA), CA 90813

Listing Price: $9,512,511

Cap Rate
4.50%
Tenant Name
Fresenius
Years Remaining On Lease
13.1
Gross SF
8,600
Guarantor
Corporate Guarantee
Rentable SF
8,600
Price/Gross SF
$1,106.11
Lease Type
Double Net
Rent Per Square Feet
$49.77

Investment Overview

Long Beach is a city in the US state of California located within the Los Angeles metropolitan area. It is the 39th most populous city in the United States with an estimated population of 485,361 in 2019. A charter city, Long Beach is the 7th most populous city in California and is known for its waterfront attractions. Long Beach is apart of the Long Beach–Los Angeles–Anaheim metropolitan statistical area which is the second-largest metropolitan area in the United States. It is the 3rd or 4th largest city by GDP in the world with a $1 trillion+ economy. Due to Los Angeles’s position as The Entertainment Capital of the World, there are many tourist attractions in the area. Consequently, the Long Beach-Los Angeles-Anaheim metropolitan statistical area is one of the most visited areas in the world.

Investment Highlights

  • Corporate Backed Long Term Lease Featuring 10% Increases Every 5 Years Throughout the Initial Term and Options. 2020 Complete Renovation. Features a 20-Year Roof Warranty.
  • Near Dignity Health St. Mary Medical Center - A 415-Bed Acute-Care Hospital and Facility dedicated in High Quality, Compassionate Care and Access to Long Beach and Nearby Communities.
  • Investment Grade Global Premier Health Company with Annual Revenues in Excess of $17.86B. Parent Company S&P Credit Rating: "BBB".
  • Densely Populated Area: Features more than 467k People Residing within a 5-Mile Radius.
  • Providing Life Sustaining Treatments for Dialysis Patients - Fresenius Medical Care is the World's Leader of Products and Services for People with Chronic Kidney Failure. More than Half of all Dialysis Machines used Worldwide are made by Fresenius Medical Care.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

Single-Tenant Office Medical

Fresenius Kidney Dialysis Center | Densely Populated Los Angeles Suburb | Long Term Lease

Listing Price: $9,512,511

Cap Rate
4.50%
Tenant Name
Fresenius
Years Remaining On Lease
13.1
Gross SF
8,600
Guarantor
Corporate Guarantee
Rentable SF
8,600
Price/Gross SF
$1,106.11
Lease Type
Double Net
Rent Per Square Feet
$49.77

Investment Highlights

  • Corporate Backed Long Term Lease Featuring 10% Increases Every 5 Years Throughout the Initial Term and Options. 2020 Complete Renovation. Features a 20-Year Roof Warranty.
  • Near Dignity Health St. Mary Medical Center - A 415-Bed Acute-Care Hospital and Facility dedicated in High Quality, Compassionate Care and Access to Long Beach and Nearby Communities.
  • Investment Grade Global Premier Health Company with Annual Revenues in Excess of $17.86B. Parent Company S&P Credit Rating: "BBB".
  • Densely Populated Area: Features more than 467k People Residing within a 5-Mile Radius.
  • Providing Life Sustaining Treatments for Dialysis Patients - Fresenius Medical Care is the World's Leader of Products and Services for People with Chronic Kidney Failure. More than Half of all Dialysis Machines used Worldwide are made by Fresenius Medical Care.

Investment Overview

Long Beach is a city in the US state of California located within the Los Angeles metropolitan area. It is the 39th most populous city in the United States with an estimated population of 485,361 in 2019. A charter city, Long Beach is the 7th most populous city in California and is known for its waterfront attractions. Long Beach is apart of the Long Beach–Los Angeles–Anaheim metropolitan statistical area which is the second-largest metropolitan area in the United States. It is the 3rd or 4th largest city by GDP in the world with a $1 trillion+ economy. Due to Los Angeles’s position as The Entertainment Capital of the World, there are many tourist attractions in the area. Consequently, the Long Beach-Los Angeles-Anaheim metropolitan statistical area is one of the most visited areas in the world.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

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