Fresenius NNN Property For Sale
This property features a strong corporate tenant, Fresenius, a leading healthcare company providing dialysis products and services. The lease is triple net (NNN) with annual rent escalations, offering a stable income stream for investors. Fresenius boasts a BBB- S&P credit rating, underlining its financial strength. This offering presents an excellent opportunity to acquire a net-leased asset with a long-term lease in place to a reputable medical tenant.
- Asking price $3.50M
- 5.90% cap rate
- NOI $225,000
- 15 years remaining
- NNN lease
- Building size: 11,500 SF
- Lot size: 1.50 acres
- Rent increases: 2% annually
- Guarantor: Corporate
Asset type: Medical