Cap Rate: 6.88%
Gross Leasable Area: 8,500 SF
- Corporate Guarantee
- NN Lease
- Annual Rental Increases
- Income Tax-FRee State
- Recession-Resistant Medical Provider
The subject offering provides an opportunity for both new and seasoned investors to acquire a Fresenius Medical Care property situated in on McPherson Boulevard in Fort Worth, Texas.
The 8,500-square-foot clinic was built-to-suit for Fresenius Medical Care in 2011, and boasts strong unit-level operations along with annual rental increases. Just over three years remain in the primary with multiple renewal options available. With minimal landlord responsibilities, this is an excellent opportunity to invest in a recession-resistant property with strong medical fundamentals and an attractive rate of return.
Fort Worth is the fourth largest metro in the United States and continues to experience significant economic growth. Located within a few miles from Dallas, Fort Worth benefits from high traffic counts and a strong daytime population. Healthcare is also one of the top economic industries in Fort Worth.