HIGHLIGHTS
- Corporate Backed Long Term Lease Featuring Favorable 2% Annual Increases Throughout the Initial Term and Options.
- Positioned Along Area’s Major Traffic & Retail Corridor. Easy Access & Excellent Visibility w/ Daily Traffic Counts of more than 13k Vehicles.
- Investment-Grade, Globally Recognized Healthcare Company with Annual Revenues Exceeding $19.33 Billion.
- Parent Company holds a “BBB-” S&P Credit Rating, a Net Worth over $15.76 Billion, and Ranks #346 on the Fortune Global 500.
- Densely Populated and Affluent Area: features an Average Household Income of more than $86k within a 1-Mile Radius and over 420k+ People w/in 5 Miles.
- Minutes from Memorial Hospital West – One of the Busiest Emergency Departments in South Florida and a Full Range of Inpatient and Specialty Care.
OVERVIEW
Favorable 2% Annual Increases | Life-Sustaining Kidney Healthcare | Investment Grade Global Credit Tenant | Densely Populated and Affluent Area | Near one of the Busiest Emergency Departments in South Florida | 1.5 Miles from the Florida Turnpike
Florida Broker of Record: Ryan Nee | 5900 N Andrews Ave., Ste. 100 Fort Lauderdale, FL 33309 | P: (954) 245-3400 | Lic #: BK3154667 | Ryan.Nee@MarcusMillichap.com | Marcus & Millichap Real Estate Investment Services of Florida, Inc.
FOR SALE DETAILS
PRICE
$5,590,000 USD
PRICE/SF
$691 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FRESENIUS KIDNEY DIALYSIS | 2% INCREASES
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.89 AC
LAND SF
82,328 SF
ZONING
R-3
APN/PARCEL ID
51-41-16-24-0020
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858-373-3184
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