Fresenius (Dark) Listing Details & Market Data

-Broker of Record: Brian L. Brockman | Bang Realty-Michigan, Inc | MI License #: 6502428679 OVERVIEW Peranich Huffman Net Lease Group is pleased to offer for sale, the Dark Fresenius Medical Care of Bridgeport, MI. Built in 2008, the 10,000 SF, single-tenant facility is offered at a 13.82% capitalization rate. The corporately guaranteed Fresenius lease has 1.2 years of term remaining. VALUE-ADD WITH STABILITY With 1.2 years of primary term remaining, a potential investor will benefit from the guaranteed income stream, while having the opportunity to reposition the asset through reletting and/or obtaining an early lease buyout. NET LEASE STRUCTURE The lease is structured on a net basis, whereby the tenant is responsible for all expenses relating to the repair of the parking lot, repair & replacement of the HVAC, property taxes, utilities, insurance premiums, landscaping & janitorial services as well as all non-structural portions of the interior of the premises. The landlord is responsible for the structure, replacement & repair of the roof and the replacement of the parking lot. INVESTMENT GRADE TENANT Fresenius Medical Care is the largest provider of renal care in both the United States and across the world. Fresenius has a net worth of $22.5+ billion and holds S&P’s Investment Grade credit rating of “BBB-”. Through its network of 4,000+ dialysis clinics, Fresenius Medical Care provides dialysis treatments for 348,000 patients around the globe.