Fresenius - 3 Unit Medical Multi-Tenant

 
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Bryant Hoover

Sands Investment Group

Office Phone: 310-853-1470

 

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Published on: Sunday, April 19, 2015 1:20:48 PM
Updated on: Friday, April 24, 2015 4:11:33 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Pennsylvania-4106

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 1972

 

Building Size: 22,742 SqFt

Lot Size: 0 Acre

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Fresenius Medical Care is the world's largest integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects more than 2.5 million individuals worldwide. Through its network of 3,250 dialysis clinics in North America, Europe, Latin America, Asia-Pacific and Africa, Fresenius Medical Care provides dialysis treatments for 270,122 patients around the globe.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 6.7

Commission Split (%): 0

Complete Details


Year Build: 1972

Building Size: 22,742 SqFt.

No of Stories: 1

Total Lot Area: 0.00 Acre

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Metal

Occupancy: 100%

Full Description


Fresenius Medical Care is the world's largest integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects more than 2.5 million individuals worldwide. Through its network of 3,250 dialysis clinics in North America, Europe, Latin America, Asia-Pacific and Africa, Fresenius Medical Care provides dialysis treatments for 270,122 patients around the globe.    Fresenius Medical Care is also the world's leading provider of dialysis products such as hemodialysis machines, dialyzers and related disposable products. Fresenius Medical Care has revenues of $14.6 Million and is listed on the Frankfurt Stock Exchange (FME) and the New York Stock Exchange (FMS).

Additional Properties


Property Highlights
  • Brand New 10 Year Leases with Annual Increases
  • Long Term Operating History at This Location Since 2008
  • Net Leased Medical Building Guaranteed by Fresenius (NYSE: FMS – Moody’s Rating Ba3 and S&P BBB-), RMS (DaVita Subsidiary; NYSE:DVA – Moody’s Rating Ba3 and S&P BB) and Valley Kidney Specialists
  • Strong Location: 28 Chairs Running Two Shifts Mon, Wed, Fri, Nocturnal on Tue, Thurs and Sun and Home Program HEMO and PD. (adding 4-6 chairs)
  • Fresenius operates a dialysis center, and RMS, a DaVita Subsidiary, uses this space as an Access Center only. Both entities have zero market overlap on these premises.
  • Demand for Dialysis Services is on the Rise Due to Demographic Trends: Longer Life Spans & Aging Baby Boomers Will Double the Population of Americans, 65 Years or Older, Over the Next 25 Years to 72 Million (Source: CDC)

Attached Documents


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