Fresenius Medical Care: Chehalis, WA
1684 Bishop Road Chehalis, WA
PURCHASE PRICE $5,950,000
BUILDING SIZE 8,200 square feet
- PROPERT Y T YPE Single-tenant, freestanding, medical
- TENANT Fresenius Medical Care
- INITIAL LEASE TERM 15 years
- AVERAGE RETURN Initial Term: 6.21%
Fresenius Medical Care is the world’s largest, integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects about 2.5 million individuals worldwide.
1684 Bishop Road Chehalis, WA
Through its network of more than 3,335 dialysis clinics in North and Latin America, Europe, Asia- Pacific and Africa, Fresenius provides dialysis treatment to over 280,900 patients around the globe.
PROPERTY INFORMATION
Fresenius Medical Care is the world’s largest, integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects about 2.5 million individuals worldwide. Through its network of more than 3,335 dialysis clinics in North and Latin America, Europe, Asia- Pacific and Africa, Fresenius provides dialysis treatment to over 280,900 patients around the globe.
- TENANT Fresenius Medical Care
- LOCATION: 1684 Bishop Road Chehalis, WA
- PROPERT Y T YPE: Single-tenant, freestanding, medical
- BUILDING SIZE 8,200 square feet
- PURCHASE PRICE $5,950,000
LEASE INFORMATION
- LEASE GUARANTOR Fresenius Medical Care Holdings
- INITIAL LEASE TERM 15 years
- RENT INCREASES 1.7% increases annually
- RENEWAL OPTIONS Three 5-year options
- AVERAGE RETURN Initial Term: 6.21%
CHEHALIS , WASHINGTON
Chehalis is a beautiful Northwestern town situated less than 30 miles south of the Washington State Capitol of Olympia. It is part of the Seattle-Tacoma-Olympia Combined Statistical Area, which has a population of more than 4.2 million residents. Located directly on Interstate-5, Chehalis sits exactly halfway between Seattle, Washington and Portland, Oregon. Chehalis is the county seat of Lewis County. The historic downtown and most of the city’s amenities lie on the east side of the freeway, nestled at the base of a small range of forested hills. The region is home to several Fortune 500 companies including Airgas, Windstream Communications and Sorenson Transport Company.
Â
AB OUT TENANTS - IN - COMMON
Tenants-in-Common or TIC ownership allows multiple buyers to purchase an undivided percentage of a single piece of property. Each buyer receives his own deed to the property and benefits from all of the income, tax shelters and appreciation it provides. This Rockwell property has the following characteristics:
- $150,000 minimum investment amount
- Property is offered debt-free
- Long-term, corporate-guaranteed lease
- No closing costs
- Satisfies IRS requirements for 1031 exchanges
ABOUT ROCKWELL
ROCKWELL DEBT-FREE PROPERTIES
8494 S. 700 E. Ste 200 · Sandy, UT 84070
Toll Free: 1-877-568-1031 | Phone 801-568-1031
Info@rockwelltic.com | www.rockwelltic.com