220 Uvalda St - Health Care FOR SALE
Waycross, GA 31501 |
$1,316,656 USD
248-702-0288
220 Uvalda St
Waycross, GA 31501
HIGHLIGHTS
- Essential Healthcare Tenant – Fresenius is a global leader in kidney dialysis care providing critical, recurring medical services
- Recently Exercised Early Renewal – Tenant has demonstrated commitment to the location by exercising an early renewal option, leaving 7+ years
- Built-In Rent Growth – Lease includes 2% annual rental increases throughout the base term and renewal options, creating consistent NOI growth
- Strong Lease Guaranty – Lease is guaranteed by Bio-Medical Applications of Georgia, Inc., an affiliate of Fresenius Medical Care
- Attractive NN Lease Structure – Tenant is responsible for taxes, CAM, insurance, roof, and structure, minimizing landlord obligations
- Established Medical Facility – 5,980 SF dialysis center situated on a 1.09-acre parcel, purpose-built for healthcare operations
FOR SALE DETAILS
PRICE
$1,316,656 USD
PRICE/SF
$220 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fresenius
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.09 AC
LAND SF
47,480 SF
ZONING
commercial
APN/PARCEL ID
WA1502-048
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248-702-0288
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248-702-0288
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