Fresenius Medical Care: Macclenny, FL
244 North 3rd Street, Macclenny, FL 32063
PURCHASE PRICE $1,500,000
BUILDING / LOT SIZE 4,712 sq. ft.
- AVERAGE RETURN Initial Term: 7.62%
- Annual Increases 3.0%
- Lease Term 11 years remaining
- PROPERT Y T YPE Single-tenant, freestanding, medical
Fresenius Medical Care is the world’s largest, integrated provider of products and services for individuals with chronic kidney failure, a condition that affects about 2.1 million individuals worldwide.
244 North 3rd Street, Macclenny, FL 32063
Through its network of 3,000-plus clinics in North America, Europe, Latin America and Asia-Pacific, Fresenius Medical Care provides dialysis treatment to over 253,000 patients.
PROPERTY INFORMATION
Fresenius Medical Care is the world’s largest, integrated provider of products and services for individuals with chronic kidney failure, a condition affecting about 2.1 million individuals worldwide. Through its network of 3,000-plus clinics in North America, Europe, Latin America and Asia-Pacific, Fresenius Medical Care provides dialysis treatment to over 253,000 patients.
- TENANT Fresenius Medical Care
- LOCATION: 244 North 3rd Street, Macclenny, FL 32063
- PROPERT Y T YPE Single-tenant, freestanding, medical
- BUILDING / LOT SIZE 4,712 sq. ft. / .45 acres
- PURCHASE PRICE $1,500,000
LEASE INFORMATION
- Lease Guarantor Fresenius Medical Care
- Lease Term 11 years remaining
- Annual Increases 3.0%
- Renewal Options Three five-year options
- AVERAGE RETURN Initial Term: 7.62%
ABOUT 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.
Rockwell properties have the following characteristics:
- Low minimum investment amounts
- Property is offered debt-free
- Strong national companies as tenants
- Long-term, corporate-guaranteed lease
- No closing costs
- Satisfies IRS requirements for 1031 exchanges
ABOUT ROCKWELL
ROCKWELL DEBT-FREE PROPERTIES
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Toll Free: 1-877-568-1031 | Phone 801-568-1031
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