4300 W Railroad St - Medical FOR SALE
Gulfport, MS 39501 |
4300 W Railroad St
Gulfport, MS 39501
HIGHLIGHTS
- The Subject property houses nephrologists on staff for the five regional Fresenius clinics
- Memorial Health System exercised a 5-year lease extension early and removed their termination option
- Memorial Health System is an investment grade tenant (Fitch: BBB-)
- Memorial has been recognized as a 2022-2023 Best Hospital in Mississippi by U.S. News & World Report
- The tenant is currently renovating the interior at their own expense
- The adjacent property is leased to Fresenius through May 2036
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Memorial Health System
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
9835
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.9 AC AC
LAND SF
39,204 SF
ZONING
-
APN/PARCEL ID
0711J-02-025.000
