Fresenius Medical Care

1305 West Moreno Street, Pensacola, FL

PURCHASE PRICE $4,685,000

BUILDING / LOT SIZE 15,000 sq. ft.

  • PROPERT Y T YPE Single-tenant, freestanding, medical
  • TENANT Fresenius Medical Care
  • INITIAL LEASE TERM 10 years
  • RENT INCREASES 10% every five years

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 2.2 million individuals worldwide.

1305 West Moreno Street, Pensacola, FL

Pensacola is a beautiful coastal city located on the scenic Gulf of Mexico at the westernmost part of the Florida panhandle.

PROPERTY INFORMATION

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 2.2 million individuals worldwide. Through its network of more than 3,225 dialysis clinics in North America, Europe, Latin America and Asia-Pacific, Fresenius Medical Care provides dialysis treatment to over 265,000 patients around the globe.

  • TENANT Fresenius Medical Care
  • LOCATION: 1305 West Moreno Street, Pensacola, FL
  • PROPERT Y T YPE Single-tenant, freestanding, medical
  • BUILDING / LOT SIZE 15,000 sq. ft.
  • PURCHASE PRICE $4,685,000

LEASE INFORMATION

  • LEASE GUARANTOR Fresenius Medical Care Holdings, Inc.
  • INITIAL LEASE TERM 10 years
  • RENT INCREASES 10% every five years
  • RENEWAL OPTIONS Three five-year options
  • AVERAGE RETURN 6.72% (INCLUDING OPTIONS)

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.

Our properties have the following characteristics:

  • $150,000 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

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