Fresenius Medical Care – Oklahoma City, OK

Property Details

  • Tenant

    Fresenius Medical Care
  • Year Built

    2017
  • Total Sq. Ft.

    13,628
  • Property Type

    Single-tenant, freestanding, medical
  • Lease Type

    Near Triple-Net lease
  • Lease Term

    15 Years

Property Profile

Through their industry-leading network of more than 3,500 dialysis facilities, outpatient cardiac and vascular labs, and urgent care centers, as well as the country’s largest practice of hospitalist and post-acute providers, Fresenius Medical Care provides coordinated health care services at pivotal care points for hundreds of thousands of chronically ill customers throughout the continent. As the world’s only vertically integrated renal company, they also offer specialty pharmacy and laboratory services, as well as manufacturing and distributing the most comprehensive line of dialysis equipment, disposable products and renal pharmaceuticals.

Oklahoma City, OK

Oklahoma City is a vibrant Midwestern community that serves as the state capitol and is home to some 1.4 million residents. Oklahoma City features one of the top livestock markets in the world, while its oil, natural gas, and petroleum resources are also major components of the city’s growing economy. The federal government also employs many at the Tinker Air Force Base and the U.S. Department of Transportation’s Mike Monroney Aeronautical Center located nearby. Renowned for its strong economy and excellent quality of life, OKC is home to several colleges and universities as well as multiple Fortune 500 companies. The city recently made Forbes Magazine’s list of top places for business and careers. Oklahoma City offers an abundance of the arts, quality health care, excellence in education and more and it does so without high costs, energy shortages, smog or traffic congestion. It is a distinctly livable city and is also home to the Oklahoma City Thunder of the National Basketball Association.

Purchase Price: $6,235,000

Annual Rent

Jan 2018
$311,672
5.00%
Jan 2019
$311,672
5.00%
Jan 2020
$311,672
5.00%
Jan 2021
$311,672
5.00%
Jan 2022
$311,672
5.00%
Jan 2023
$342,839
5.50%
Jan 2024
$342,839
5.50%
Jan 2025
$342,839
5.50%
Jan 2026
$342,839
5.50%
Jan 2027
$342,839
5.50%
Jan 2028
$377,123
6.05%
Jan 2029
$377,123
6.05%
Jan 2030
$377,123
6.05%
Jan 2031
$377,123
6.05%
Jan 2032
$377,123
6.05%