Offering Memorandum
Investment Sale
Fresenius Medical Care – St Johns, MI
975 E Townsend Rd
St Johns, Michigan
St Johns, Michigan
eCode:025i
Sales Price
$3,097,420
NOI
$154,871
Cap Rate
5.00%
Lease Expiration
4/30/2029
Building Size
8,897 SF
Lot Size
2.89 AC
Year Built
2014
Traffic Count
E Townsend Rd (2,799 CPD)
Old US-127 (10,755 CPD)
Highlights
- Essential Tenant
- Corporate Guaranty to Fresenius Medical Care Holdings Inc
- 2014 Construction | Build-to-Suit for Fresenius
- High Performing Clinic
- New Lease Renewal
- NN Lease
- Strong Commercial Location
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