Offering Memorandum
Investment Sale
Fresenius Medical Care
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
SIMILAR PROPERTIES
Multi-Tenant
7848 Mall Rd & 7852 Mall Rd
Florence, Kentucky
Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Florence, Kentucky
Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Multi-Tenant
11400-11500 Telegraph Rd
Taylor, Michigan
Unpriced | 83,964 SF
Taylor, Michigan
Unpriced | 83,964 SF
