Healthcare    

Fresenius

 Pasadena, TX

Asking Price

$3,705,625

Cap Rate

6.40%

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Long-Term Passive Lease with Rent Growth

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+/- 11,317 SF
on 2.30 acres

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Investment Grade
FMC | $19.55B Revenue

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Below Market Rents
$19.05 PSF

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Houston MSA
Densely Populated Area

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • No Early Termination or Kick-Out Clause
  • Leading Operator | Fresenius Medical Care Holdings, Inc.
  • Investment-Grade Credit | S&P: BBB-, $19.55B Revenue
  • Growing Industry
  • Insulated from Macroeconomic Changes
  • Long-Term Lease | Plus 3, 5-year options
  • Rent Growth | 10% every 5 years and FMV in options
  • Passive Expense Structure
  • Below Market Rents
  • Top MSA | Houston
  • Densely Populated Area | 260K population, $75K average HHI (5 miles)

Exclusively Listed By

Scott Briggs

Senior Vice President
  sabriggs@northmarq.com      918.794.9787

Kelly Largent

Vice President
  klargent@northmarq.com      918.884.3142

David Read

Associate
  dread@northmarq.com      918.884.3141

Sarah Martin

Lead Marketing & Operations Analyst
  smartin@northmarq.com   

Nathanael Berwaldt

Investment Analyst
  nberwaldt@northmarq.com   

In Association With
Brian Corriston

Texas Broker
Lic. #516241

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

 

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