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22158971
22158972

2802 S 6th Ave, Tucson, AZ 85713

DG
AZ AZ SA641133000
Phoenix Commercial Advisors
CT
AZ SA536326000
Phoenix Commercial Advisors
Listed by Phoenix Commercial Advisors
$2,912,000
460 days on market
Updated 56 days ago
Opportunity zone

FRESENIUS MEDICAL CARE

Details
Property Type Retail
Sub Type Freestanding
Square Footage 9,369
Cap Rate 6.50%
NOI $189,253
Occupancy 100%
Tenancy Single
Brand/Tenant Fresenius Kidney Care
Lease Type NN
Remaining Term 3.3
Year Built 2008
Year Renovated 2018
Acreage 0.670
Investment Type Net Lease

Fresenius Medical Care | Corporate STNL

Investment highlights

INVESTMENT HIGHLIGHTS

  • Fresenius has been operating at the location for 16 years and has previously exercised two options and has two more remaining showing their long-term commitment to the location

  • Outparcel to a grocery anchored center with other co-tenants including Wingstop, Little Caesars, T-Mobile, Rent-A-Center, Title Max and Jackson Hewitt

  • Limited landlord responsibilities allowing for a hand-off investment for an investor

  • Recent capital work includes parking lot reseal and stripe and two HVAC systems at Fresenius with three-phase, 5-ton RUDD commercial gas package systems

  • Fresenius is the world’s largest provider of products and services for people with renal disease with over 4,000 dialysis centers in 50 countries

LOCATION HIGHLIGHTS

  • Less than ¼ mile from Interstate 10 with over 127,000 VPD

  • Less than ½ mile from the Tucson VA Medical Center with 295 beds

  • Surrounding retailers in the retail corridor include Costco, Walmart, El Super, Planet Fitness, Curacao, Dave & Busters, McDonald’s

  • Located just 3 miles from the University of Arizona with over 53,000 students and 5,200 staff

  • Located within a ±15 minute drive from the top 10 employers in Tucson

Listing Contacts

DG
AZ AZ SA641133000
Phoenix Commercial Advisors
CT
AZ SA536326000
Phoenix Commercial Advisors
Listed by Phoenix Commercial Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$189,253.00
$15,771.08/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Danny Gardiner
License
AZ SA641133000
Brokerage Phone
6029579800
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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