Fresenius Kidney Care - Net Lease Property for Sale
Saint Paul, MN
Key Investment Metrics
Price
$4,300,000
Cap Rate
6.7%
Net Operating Income
$289,719
Building Size
8750 SF
Lot Size
8,750 SF
Land Area
0.55 Acres
Remaining Term
8.8 years
Lease Expiration
10/31/2034
Lease Term
15.1 years
Lease Commencement
10/07/2019
Lease Type
NNN
Year Built
2019
Occupancy
100%
Tenancy
Single
Rent Increases
1.50% Annually
About This Fresenius Kidney Care Net Lease Property
This Fresenius Kidney Care NNN (triple net lease) property is located in Saint Paul, MN and represents an excellent investment opportunity for commercial real estate investors. The property features 8750 square feet of building space and was built in 2019.
With a cap rate of 6.7%, this Fresenius Kidney Care net lease property offers stable income potential. The asking price is $4,300,000, 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.
Saint Paul, MN Market Overview
Located in Saint Paul, MN, this Fresenius Kidney Care property benefits from strong local demographics and market fundamentals. The Saint Paul 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.