Fresenius Kidney Care
Robstown, TX

OFFERING SUMMARY

Price: $1,335,750
CAP Rate: 6.25%
Lease Type: Double Net
Guarantor: Corporate
Gross Leasable Area: 8.349 SF
Year Built: 2002

OFFERING HIGHLIGHTS
  • Double Net Lease
  • Corporate Guarantee
  • Metal Roof–Minimal Landlord Maintenance
  • Lease Term: Four Years, with Three 5-Year Options
  • NOI: $83,490
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to present Fresenius Kidney Care in Robstown, Texas. The 8,372 square-foot building was built to suit in 2002 and has proven to be a strong-performing location. This medical office is considered an essential service and is subsidized by the U.S. government through Medicaid. Throughout the pandemic, Fresenius has demonstrated inelastic demand all while backed by a strong corporate guarantee. This location boasts a strong track record with Fresenius, making this offering a prime opportunity to invest in a “best-in-class” tenant, at an appealing price point.

$1.3M | Active Listings | Corpus Christi MSA | Double-Net | Opportunity Zone | STNL | Texas