Fresenius Kidney Care - Net Lease Property for Sale
New Iberia, LA
Key Investment Metrics
Price
$2,153,057
Cap Rate
7.0%
Net Operating Income
$150,714
Building Size
11164 SF
Lot Size
11,164 SF
Land Area
1.13 Acres
Remaining Term
10 years
Lease Expiration
12/31/2035
Lease Term
10.5 years
Lease Commencement
07/01/2025
Lease Type
NN
Tenant Credit
Credit Rated
Year Built
1997
Occupancy
100%
Tenancy
Single
Rent Increases
2% Annually
About This Fresenius Kidney Care Net Lease Property
This Fresenius Kidney Care NNN (triple net lease) property is located in New Iberia, LA and represents an excellent investment opportunity for commercial real estate investors. The property features 11164 square feet of building space and was built in 1997.
With a cap rate of 7.0%, this Fresenius Kidney Care net lease property offers stable income potential. The asking price is $2,153,057, making it an attractive option for 1031 exchange investors seeking quality Fresenius Kidney Care commercial properties.
Why Invest in Fresenius Kidney Care NNN Properties?
- Stable Income: Fresenius Kidney Care net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Fresenius Kidney Care is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
New Iberia, LA Market Overview
Located in New Iberia, LA, this Fresenius Kidney Care property benefits from strong local demographics and market fundamentals. The New Iberia area offers excellent visibility and accessibility, making it an ideal location for Fresenius Kidney Care operations and a solid investment for net lease property buyers.