Single-Tenant Office Medical

Fresenius Indianola, MS

Listing Price: $1,000,000

Cap Rate
7.39%
Tenant Name
Fresnius Medical Care
Years Remaining On Lease
5.60
Gross SF
5,600
Rentable SF
5,600
Price/Gross SF
$178.57
Lease Type
Absolute Net
Rent Per Square Feet
$13.20

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a longstanding dialysis clinic, currently leased to Fresenius Medical Care, the leading provider of renal care globally. This clinic was constructed in 1994 to exclusively service the city of Indianola. The facility contains 20 treatment stations and features a low rent/sf making this location difficult to replace. Fresenius has recently invested in significant interior and exterior renovations to this facility, including installation of a new roof. Fresenius also recently executed a five-year lease extension furthering their commitment to this location.

The city of Indianola is located within the Northwest portion of the state, approximately one hour from Mississippis capitol. The property has direct frontage on Indianolas main thoroughfare, US HWY 82, less than a mile from the 47-bed South Sunflower County Hospital.

United States Renal data shows End Stage Renal Disease in the state of Mississippi continuing to rise further highlighting the importance of this treatment center. The Certificate of Need restrictions in the state combined with the high station count of this clinic makes for significant barrier of entry.

Investment Highlights

  • Certificate of Need State | High Barrier to Entry
  • NNN Lease | No Financial Obligations for Landlord
  • Significant Interior Renovation & New Roof Installed
  • 100% Market Share | Only Clinic in 20 Mile Radius
  • High Volume Clinic | 20 Chairs

Exclusively Listed By

Single-Tenant Office Medical

Fresenius Indianola, MS

Listing Price: $1,000,000

Cap Rate
7.39%
Tenant Name
Fresnius Medical Care
Years Remaining On Lease
5.60
Gross SF
5,600
Rentable SF
5,600
Price/Gross SF
$178.57
Lease Type
Absolute Net
Rent Per Square Feet
$13.20

Investment Highlights

  • Certificate of Need State | High Barrier to Entry
  • NNN Lease | No Financial Obligations for Landlord
  • Significant Interior Renovation & New Roof Installed
  • 100% Market Share | Only Clinic in 20 Mile Radius
  • High Volume Clinic | 20 Chairs

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a longstanding dialysis clinic, currently leased to Fresenius Medical Care, the leading provider of renal care globally. This clinic was constructed in 1994 to exclusively service the city of Indianola. The facility contains 20 treatment stations and features a low rent/sf making this location difficult to replace. Fresenius has recently invested in significant interior and exterior renovations to this facility, including installation of a new roof. Fresenius also recently executed a five-year lease extension furthering their commitment to this location.

The city of Indianola is located within the Northwest portion of the state, approximately one hour from Mississippis capitol. The property has direct frontage on Indianolas main thoroughfare, US HWY 82, less than a mile from the 47-bed South Sunflower County Hospital.

United States Renal data shows End Stage Renal Disease in the state of Mississippi continuing to rise further highlighting the importance of this treatment center. The Certificate of Need restrictions in the state combined with the high station count of this clinic makes for significant barrier of entry.

Exclusively Listed By

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