Fresenius (Dark) Listing Details & Market Data

-Overview Peranich Huffman Net Lease Group is pleased to offer for sale, the Fresenius Medical Care (Dark) located in Hartsville, SC. Built in 2003, the 6,720 SF former dialysis clinic is currently unoccupied; however, the tenant has been paying rent and fulfilling all obligations of the lease since its commencement in 2004. Net Lease Structure The Fresenius Medical Care lease contains a net lease structure that provides for minimal landlord responsibilities. A potential investor will benefit from 1.25 years of guaranteed income, while having the opportunity to reposition the asset through reletting and/or obtaining an early lease buyout. Lease Term In 2011, Fresenius Medical Care executed a 14-year lease extension at the Hartsville, SC location. Currently, the tenant has 1.25 years of lease term remaining at an annual rental rate of $134,198 for the remainder of the lease term. The lease is backed by a corporate guarantee from Fresenius' parent company, Fresenius Medical Care Holdings, Inc. About The 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 approximately 344,000 patients around the globe.