5316 Hoag Dr - Office FOR SALE
Elyria, OH 44035 |
$2,233,489 USD
305-905-3215
5316 Hoag Dr
Elyria, OH 44035
HIGHLIGHTS
- Long Lease Term – There is approximately 8.9 years remaining on the current term of the lease.
- Nearly 30-Year Operating Tenure at This Location – Tenant has been operating at this location for ~30 years.
- Tenant recently exercised an early lease extension – In 2023, Fresenius executed a new 10-year lease running through February 28, 2035.
- Sticky Tenant – ESRD patients require dialysis three times per week for life — missing sessions can be fatal.
- Above Average Dialysis Stations Location – With 20 in-center dialysis stations, this facility exceeds the national average.
- Long-Standing CMS Medicare Certification — This facility holds active CMS Medicare certification
FOR SALE DETAILS
PRICE
$2,233,489 USD
PRICE/SF
$274 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fresenius Kidney Care
PROPERTY TYPE
Office
ADD'L SUBTYPES
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
-
APN/PARCEL ID
03-00-001-000-104
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
305-905-3215
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
305-905-3215
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
