FRESENIUS MEDICAL CARE › d2 › noX7J1MHk6fnu2fb1...Fresenius Medical Care North America is a...

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Actual Property SINGLE TENANT NET LEASE OFFERING Fresenius Medical Center In Melbourne, FL Prime Location w/ +/-14 Yrs. Remaining on Primary Term (1.7% Annual Rent Increases!!) Fresenius Medical Care is the Largest Dialysis Provider in the World (S&P Rated BBB-) 10,392 SF Clinic - Corporate Guaranteed by Fresenius Medical Care Holdings Approx. 1.5 acre site located just off of Interstate 95 on Palm Bay Road. Population growth of 22% since 2000. NN Investment with Minimal Landlord Responsibilities (Roof, Structure & HVAC) Actual Property Fresenius Medical Center In W. Valley City, UT Prime Location w/ +/-14 Yrs. Remaining on Primary Term (2% Annual Rent Increases!!) Strategically Located on the Jordan Valley Medical Center 9,655 SF Clinic & Office Occupied & Corporate Guaranteed by Fresenius Medical Care Holdings 9.8 Miles Southwest of Salt Lake City’s Center FRESENIUS MEDICAL CARE WEST VALLEY CITY, UTAH (SALT LAKE COUNTY) LEMRX REALTY ADVISORS

Transcript of FRESENIUS MEDICAL CARE › d2 › noX7J1MHk6fnu2fb1...Fresenius Medical Care North America is a...

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Actual Property

SINGLE TENANT NET LEASE OFFERING

Fresenius Medical Center In Melbourne, FLPrime Location w/ +/-14 Yrs. Remaining on Primary Term (1.7% Annual Rent Increases!!) Fresenius Medical Care is the Largest Dialysis Provider in the World (S&P Rated BBB-)10,392 SF Clinic - Corporate Guaranteed by Fresenius Medical Care HoldingsApprox. 1.5 acre site located just off of Interstate 95 on Palm Bay Road.Population growth of 22% since 2000. NN Investment with Minimal Landlord Responsibilities (Roof, Structure & HVAC)

Actual Property

• Fresenius Medical Center In W. Valley City, UT• Prime Location w/ +/-14 Yrs. Remaining on Primary Term (2% Annual Rent Increases!!) • Strategically Located on the Jordan Valley Medical Center• 9,655 SF Clinic & Office Occupied & Corporate Guaranteed by Fresenius Medical Care Holdings• 9.8 Miles Southwest of Salt Lake City’s Center

FRESENIUS MEDICAL CAREWEST VALLEY CITY, UTAH (SALT LAKE COUNTY) LEMRX REALTY ADVISORS

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LOCATION: 1355 Palm Bay Road NE, Melbourne, FL 32905

LOCATION

4101 W PIONEER PKWY, W VALLEY CITY, UT 84120

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The information above has been obtained from sources deemed reliable. While we do not doubt accuracy, we have not verified this information and make no guarantee, warranty, or representation about it.Buyer is responsible to confirm the accuracy and completeness of the information using Buyer’s own experts.

INVESTMENT SUMMARY

THE PROPERTY

LOCATION: 4101 W. Pioneer Pkwy, W. Valley City, UT 84120LOT SIZE: Approx. 0.46 AcresBUILDING SIZE: 9,655 sfYEAR BUILT: 2017CREDIT RATING: S&P: BB

THE LEASE

TENANTS: NEPHROLOGY ASSOCIATES OF UTAH, LLC & SOUTH MOUNTAIN DIALYSIS, LLCGUARANTOR: Fresenius Medical Care Holdings, Inc.RENT COMMENCEMENT: January 2017LEASE TERMS: 15 Yr. Base Term with 2% Annual Rent IncreasesOPTION TERMS: Three – 5 year options at Full FMVNN LEASE: Landlord responsible for Roof, Structure and HVAC.*Both Leases are guaranteed by Fresenius Medical Care Holdings, Inc.*Landlord receives 5% Management Fee – See Lease for further details

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The information above has been obtained from sources deemed reliable. While we do not doubt accuracy, we have not verified this information and make no guarantee, warranty, or representation about it.Buyer is responsible to confirm the accuracy and completeness of the information using Buyer’s own experts.

AGGREGATE BASE RENT

Yr. 1 $333,984.84Yr. 2 $340,664.52Yr. 3 $347,477.81 Yr. 4 $354,427.37 Yr. 5 $361,515.92 Yr. 6 $368,746.24Yr. 7 $376,121.16Yr. 8 $383,643.58Yr. 9 $391,316.45Yr. 10 $399,142.78Yr. 11 $407,125.64Yr. 12 $415,268.15Yr. 13 $423,573.51Yr. 14 $432,044.98Yr. 15 $440,685.88

PRICE

$6,813,290

CAPITALIZATION RATE

5.00%

BLENDED CAP RATE

5.70%

INVESTMENT SUMMARY – cont.

Actual Property

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The information above has been obtained from sources deemed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. Investor is responsible to confirm the accuracy and completeness of the information using Investor's own experts.

SITE PLAN

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Fresenius Medical Care North America is a major provider of kidney dialysis services and renal care products. Fresenius provides products, dialysis care services, education and support for Chronic Kidney Disease, including treatment options for later stage CKD. Fresenius is a publicly traded company (NYSE: FMS) with a market cap in excess of $23 billion. Fresenius is an investment grade rated company with an S&P rating of BBB-.

ABOUT THE TENANT

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AERIAL PT. 1

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AERIAL PT. 2

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Melbourne FL is a city in Brevard County, southeast of Orlando on Florida’s east coast. Melbourne is the economic engine of Brevard County and is a hub for high-tech and aerospace industriesl. It is located midway between Jacksonville and Miami. As this city lies along the Indian River Lagoon, it is loved by those who enjoy its quiet beauty. On the other side ofthe river a portion of the city lies on a barrier island with many beach park. Melbourne has an international airport and islocated on a major interstate with easy access to Orlando and its attractions, Kennedy Space Center and beyond.

West Valley City, UT 1-Mi 3Mi 5MiTotal Population 22,064 132,075 286,6622013 Avg. Household Income $58,601 $58,595 $57,812

DEMOGRAPHICS

West Valley City is a city in Salt Lake County and a suburb of Salt Lake City. It is the 2nd largest city in Utah. It’s largest employers include Discover Financial, United Parcel Service, Verizon Wireless, Zions Bank Data, Walmart, USANA Health Services, InterContinental Hotels Group, Pioneer Valley Hospital, CR England and ADP to name a few. Salt Lake City is a home to several world class ski and summer resorts, having hosted the Winter Olympic Games in 2002. It is the headquarters for the Church of Jesus Christ of Latter-day Saints and has many visitors annually that are LDS related and for it’s unmatched scenic beauty. It is also home to major shopping centers such as Trolley Square and the Gateway.

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FRESENIUS MEDICAL CAREWEST VALLEY CITY, UTAH (SALT LAKE COUNTY)

Actual Property

LEMRX REALTY ADVISORSJOHN LEE646-837-6509 or [email protected]