OFFERING SUMMARY
Price: $1,890,000
CAP Rate: 6.35%
Gross Leasable Area: 6,671 SF
NOI: $120,016
Year Built: 2007
OFFERING HIGHLIGHTS
- Double Net Lease
- Annual Rent Increases
- Minimal Dialysis Competition
INVESTMENT OVERVIEW
The subject offering affords both new and experienced investors the opportunity to acquire a double-net Fresenius Medical Care (NYSE: FMS) property located in Fayetteville, West Virginia The 6,671 S/F building was built-to-suit for Fresenius in 2007. The lease has just over 5 years remaining with 1.5% annual increases and boasts two (2) 5-year options. With limited dialysis competition within 15 miles, this is a key location not just for the Fresenius but for dialysis services in general.
