Fresenius Medical Care - 2 in Portfolio

Highlights:

• 2 in Portfolio - May be sold separately
• Corporate Guarantee | Rare Absolute NNN Lease
• Annual Rent Increases During Primary Term & Option Periods
• Surrounded by National Retailers | Established Trade Area
• Fresenius Medical Care (S&P: “BBB-” / Moody’s: “Baa3")
• $109,656 Avg. Household Income | Expanding MSA

Description:

Corporate Guarantee | Rare Absolute NNN Lease
The vast majority of single tenant dialysis properties operate under double
net leases that require landlords to maintain certain capital improvements
such as the roof, structure and parking lot. The subject property offers a very
rare absolute NNN lease for a corporately guaranteed single tenant dialysis
property with no management or maintenance responsibilities whatsoever.

Annual Rent Increases During Primary Term & Option Periods
The subject property operates under an absolute NNN lease that offers an
industry-leading annual rent increase schedule based on CPI with an annual
floor of 1% and cap of 2% during the primary term and option periods.

Surrounded by National Retailers | Established Trade Area
The subject property benefits from a dense concentration of national
retailers, regional medical specialists, senior living communities and high-end
residential communities surrounding it: Walmart Supercenter, Target, Whole
Foods, Walgreens, Hobby Lobby, Academy Sports, Dick’s Sporting Goods,
Best Buy, Menard’s, and many more.

Kansas Broker of Record: Colby Haugness
License: 00241410

Documents: