783 New Highway 68 - Medical FOR SALE


Sweetwater, TN 37874
$2,978,000 USD
561-789-5504
783 New Highway 68, Sweetwater, TN for Sale
$2,978,000 USD
Medical - FOR SALE
1/5
null | 6.25% Cap Rate

783 New Highway 68
Sweetwater, TN 37874


HIGHLIGHTS

  • Fresenius is a strong corporate tenant with over 2,600 dialysis centers nationwide and over 3 Billion in North American Revenue in 2023.
  • Situated on a major highway, US-68, the property benefits from high visibility and traffic. US- 68 sees over 15,000 VPD..
  • In close proximity to strong surrounding retail including Subway, Taco Bell, Domino’s, Walgreens and many more.
  • Fresenius is a publicly traded company (NYSE: FMS) with S&P Rating of BBB-

OVERVIEW

LONG TERM COMMITMENT WITH NO LANDLORD RESPONSIBILITIES: Absolute NNN lease structure over 9 years plus extensions remaining with no landlord responsibilities providing passive ownership.

FOR SALE DETAILS

PRICE

$2,978,000 USD

PRICE/SF

$339 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fresenius Medical Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

Commercial

APN/PARCEL ID

033B-A-003.01

ASK ABOUT THIS PROPERTY

Jordan KoeppelStream Capital PartnersMore Info
561-789-5504

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Jordan KoeppelStream Capital PartnersMore Info
561-789-5504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.