NNN Fresenius Kidney Care Center

Sold Office
Catylist Listing ID: 30048338
Property Subtypes: Medical, Net Leased, Office Building
Property Type: Office
Archived As: Sold

Overview / Comments

Brand new 2017 15 year NNN leased corporately guaranteed Fresenius Kidney Care Center with an 11,847 square foot medical office building situated on a 1.23 acre site. Year 1 NOI is $190,250 with 1.017% annual increases. There are three five-year renewal options with 1.017% annual increases.

The exterior consists of brick, acrylic-based EIFS, and glass. The roof is pitched and shingled. Tenant is responsible for all property real estate taxes, property
insurance, management, interior maintenance, and repair costs. Landlord is responsible for maintenance of the foundation, structure, load-bearing walls, exterior walls, roof and roof supports, columns, retaining walls, gutters,
downspouts, flashings, and footings.

Financials

Finance Data Year 2017
Net Operating Income $190,252 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 20060051840
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2017
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,429 100,762 221,426
Median Age: 34.11 36.4 36.1
Households: 4,154 41,813 87,544

Contact

Photograph of Listing Agent

Kurt Meyer

Baseline, Inc. ICREX Member
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