Cap Rate
7.00%
Term Remaining
±4.9 Yrs
NOI
$394,500
Property Type
Healthcare
LEAD LISTING AGENT
Email
[email protected]
License No.
02225576 (CA)
Direct
+1 (858) 351-4027
Mobile
+1 (818) 825-5028
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- INVESTMENT GRADE TENANT – Fresenius Medical Care is the Largest Provider of renal care in both the United States and across the world. The company holds S&P’s Investment grade credit rating of “BBB Stable”.
- CORPORATE GUARANTEE – Fresenius Medical Care is the largest operator of outpatient dialysis clinics and a leading provider of products and services for people with kidney failure worldwide. It serves over 344,000 patients across its 4,100+ locations.
- SIGNIFICANT TENANT IMPROVEMENTS – The Landlord provided the tenant with an extensive tenant improvement allowance, allowing them to update the building and lower the new buyer’s landlord responsibilities.
- STRONG OPERATIONAL HISTORY – The tenant has operated from this location for over 16 years and just recently extended their lease for another 5-year term showing commitment to this location
- STRATEGIC LOCATION – Positioned just off Interstate 8, with a daily traffic volume of 34,036 VPD, this site provides easy access for patients residing in or traveling through El Centro.
- RECESSION RESISTANT PROPERTY – Dialysis centers are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
- ROBUST INDUSTRY GROWTH – The global dialysis services market size is expected to reach $181.16 Billion by 2032, with a CAGR of 7.9% during that period.
- INFLATION PROTECTION – The rent increases by 2.5% annually, providing investors with a hedge against inflation through increases in rent over the life of the lease.
Broker of Record
- David Harrington
- License No. 01320460 (CA)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245