Single-Tenant Office Medical

Fresenius Medical Care

5320 W 12th Street, Little Rock, AR 72204

Listing Price: $2,408,000

Cap Rate
6.50%
Tenant Name
Fresenius Medical Care
Years Remaining On Lease
6.70
Gross SF
7,121
Guarantor
Corporate Guarantee
Rentable SF
7,121
Price/Gross SF
$338.15
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.98

Investment Overview

Marcus & Millichap are pleased to present for sale Fresenius Medical Care a single-tenant property located at 5320 West 12th Street, Little Rock, Arkansas 72204. The subject property is comprised of 7,121 square feet built in 1976 and renovated in 2011. The building sits on a large 41,818 square foot lot with frontage on West 12sth Street that oversees 14,000+ Vehicles Per Day. Fresenius Medical Care benefits from a substantial built-in customer base with a population of 322,000+ & 134,500+ households in a 10 mile radius, as well as an average household income of $81,500. The strategic location of Fresenius Medical Care is situated just 1.5 miles from two major hospitals: UAMS Hospital 505 Beds / 9,700 Employees and CHI St. Vincent Hospital 393 Beds / 3,000 Employees. Fresenius Medical Care (NYSE: FMS) is the world’s leading provider of products and services for people with chronic kidney failure. Around 3.5 million patients worldwide with this disease regularly undergo dialysis treatment. Dialysis is a life-saving blood cleansing procedure that substitutes the function of the kidney in case of kidney failure. Fresenius Medical Care cares for more than 347,000 patients in a global network of more than 4,000 dialysis clinics. At the same time, they operate 45 production sites in more than 202 countries, to provide dialysis products such as dialysis machines, dialyzers and related disposables.

Investment Highlights

  • Long Term Passive Income: Fresenius Medical Care has Occupied the Building for 8+ Years with 6 Years Remaining on the Current Lease and Three, 5 Year Options to Extend
  • Excellent Access / Visibility: Located on West 12th Street just Four Blocks from Interstate 630 which Oversees 112,000+ Vehicles Per Day
  • Strong Corporate Guaranty: Providing Dialysis Treatments to More than 345,000 Patients Worldwide, in 2019 Fresenius Generated Revenue of Around 20.71 Billion
  • Near the University of Arkansas at Little Rock: 1 Mile from the 350 Acre Campus which Enrolls over 9,500+ Students & 437 Full-Time Faculty
  • Two Major Hospitals within 1.5 Miles of Property: UAMS Hospital (505 Beds / 9,700 Employees) & CHI St. Vincent Hospital (393 Beds / 3,000 Employees)

Exclusively Listed By

Single-Tenant Office Medical

Fresenius Medical Care

Listing Price: $2,408,000

Cap Rate
6.50%
Tenant Name
Fresenius Medical Care
Years Remaining On Lease
6.70
Gross SF
7,121
Guarantor
Corporate Guarantee
Rentable SF
7,121
Price/Gross SF
$338.15
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.98

Investment Highlights

  • Long Term Passive Income: Fresenius Medical Care has Occupied the Building for 8+ Years with 6 Years Remaining on the Current Lease and Three, 5 Year Options to Extend
  • Excellent Access / Visibility: Located on West 12th Street just Four Blocks from Interstate 630 which Oversees 112,000+ Vehicles Per Day
  • Strong Corporate Guaranty: Providing Dialysis Treatments to More than 345,000 Patients Worldwide, in 2019 Fresenius Generated Revenue of Around 20.71 Billion
  • Near the University of Arkansas at Little Rock: 1 Mile from the 350 Acre Campus which Enrolls over 9,500+ Students & 437 Full-Time Faculty
  • Two Major Hospitals within 1.5 Miles of Property: UAMS Hospital (505 Beds / 9,700 Employees) & CHI St. Vincent Hospital (393 Beds / 3,000 Employees)

Investment Overview

Marcus & Millichap are pleased to present for sale Fresenius Medical Care a single-tenant property located at 5320 West 12th Street, Little Rock, Arkansas 72204. The subject property is comprised of 7,121 square feet built in 1976 and renovated in 2011. The building sits on a large 41,818 square foot lot with frontage on West 12sth Street that oversees 14,000+ Vehicles Per Day. Fresenius Medical Care benefits from a substantial built-in customer base with a population of 322,000+ & 134,500+ households in a 10 mile radius, as well as an average household income of $81,500. The strategic location of Fresenius Medical Care is situated just 1.5 miles from two major hospitals: UAMS Hospital 505 Beds / 9,700 Employees and CHI St. Vincent Hospital 393 Beds / 3,000 Employees. Fresenius Medical Care (NYSE: FMS) is the world’s leading provider of products and services for people with chronic kidney failure. Around 3.5 million patients worldwide with this disease regularly undergo dialysis treatment. Dialysis is a life-saving blood cleansing procedure that substitutes the function of the kidney in case of kidney failure. Fresenius Medical Care cares for more than 347,000 patients in a global network of more than 4,000 dialysis clinics. At the same time, they operate 45 production sites in more than 202 countries, to provide dialysis products such as dialysis machines, dialyzers and related disposables.

Exclusively Listed By

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