Fresenius Medical Care

Get in touch

555-555-5555

mymail@mailservice.com

Investment Highlights

Tenant History - Originally executing a 10-year lease in 2005, Fresenius Medical Care has since exercised (3) 5-year options. Demonstrating a commitment to the location, the most recent 5-year extension was executed 3 years before the lease term was set to expire.

Advantageous Location- The subject property benefits from being the only dialysis facility in a 15-mile radius. With no competition nearby, dialysis centers attract more patients from the surrounding area, fostering steady patient volume alongside strong community ties.

Rent Escalations- The Fresenius Medical Care lease provides for 1.2% annual (avg.) rent escalations in the current term and the remaining (2) 5-year option periods.

Low Rent Per Square Foot- Fresenius Medical Care occupies 5,100 SF at a rate of $17.23/PSF. Low rents create sustainable leasing environments while promoting long-term occupancy and reduced vacancy rates.

Minimal Landlord Responsibilities- The tenant is responsible for expenses related to the HVAC (up to $2,500 annually), property taxes, insurance premiums, landscaping, utilities, and the interior of the premises.

Facility Type	Building Area (SF)	Years Remaining	Net Operating Income
Single Tenant	5,100 Square Feet	5.5+ Years	$87,856

Investment Overview - Peranich Huffman Net Lease Group is pleased to exclusively offer for sale, the Fresenius Medical Care located in Sidney, OH. The 5,100 square-foot dialysis facility is offered at a 7.25% capitalization rate. The offering provides an investor with the opportunity to acquire a property that is home to a national medical tenant that exemplifies a reputation of consistency for both patients and the real estate investment community.

Lease Term - Initially executing a 10-year lease, Fresenius Medical Care has occupied the subject property since 2005. Fresenius exercised (3) 5-year lease extensions in 2014, 2019 and 2022, demonstrating a commitment to the location. At present, Fresenius has 6 years of lease term remaining, accompanied by rent escalations in the current term and the remaining (2) 5-year renewal options.

Net Lease Structure - The Fresenius Medical Care lease is structured on a net basis, whereby the tenant is responsible for expenses related to the HVAC (up to $2,500 annually), property taxes, insurance premiums, landscaping, utilities, and the interior of the premises. The landlord is responsible for the subject property's structure, roof, parking area, and HVAC expenses exceeding $2,500/annually.

About The Tenant - Fresenius Medical Care is the largest provider of renal care in both the United States and across the world. Fresenius has a net worth of over $22.5 billion and holds S&P's Investment Grade credit rating of "BBB- Stable". Through its network of 4,000+ dialysis clinics, Fresenius Medical Care provides dialysis treatments for more than 332,000 patients worldwide.