Fresenius | Triple Net (NNN) Lease Investment Opportunity

107 Ridgewood Circle, Kosciusko, MS

$1,433,217

Price

6%

Cap Rate

$81,936

NOI

Overview
Cap Rate
6%
NOI
$81,936
Building Size
7,101 sqft
Lot Area
1.01 acres
Lease Type
Triple Net
Year Built
1995
Price Per Sqft
$201.83
Roof & Structure
Landlord’s Responsibility
HVAC
Tenant’s Responsibility
Repairs & Maintenance
Tenant's Responsibility
Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the Fresenius Medical Care Located at 107 Ridgewood Circle in Kosciusko, Mississippi. This New 10-Year Triple Net Lease Investment Opportunity is Corporately Guaranteed By Fresenius Medical Care Holdings, Inc., Which Provides For a Secure Investment.

In Cooperation With Sands Investment Group
Mississippi, LLC – Lic. # 22675
ANDREW ACKERMAN
770.626.0445 | DIRECT

Highlights
  • New 10 Year Triple Net (NNN) Lease Featuring 10% Rent Increases Every 5 Years With Two (2), Five-Year Options to Extend
  • Roof Replacement in 2019
  • Kosciusko is Located at the Center of Mississippi Just Off the Natchez Trace Parkway, Mile Marker 160
  • Corporate Credit Guarantee: Fresenius Medical Care Holdings, Inc., Holds a Credit Rating of Moody’s “Baa3” – Parent Company Fresenius Medical Care Net Income For 2018 Was $2.341 Billion and Holds a Credit Rating of S&P BBB-
  • Fresenius Medical Care is the World’s Largest Provider of Products & Services For Individuals With Renal Diseases of Which Approximately 3.4 Million Patients Worldwide Regularly Undergo Dialysis Treatment
  • Only Dialysis in Kosciusko With Recent Renovations; Closest Location is 40 Miles Away
  • Kosciusko Mississippi and Attala County Have a Multitude of Choice Sites For Industries of All Types Including; Aerospace, Timber, Agriculture and Food Processing
  • Kosciusko is the Birthplace of Oprah Winfrey and Home of Magnolia Bible College
  • Attala County Provides Great Highway Access, Airports, Extensive Healthcare Facilities, Excellent Private & Public Schools and Holmes Community College Attala
  • Neighboring Tenant’s Include: State Veterans Home, Scott Petroleum, Sherwin-Williams, Tractor Supply Co, CVS Pharmacy, Dollar General and Exxon
Documents

Location
Gallery