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29107884
29107885

1507 Hillview Dr, Hillsboro, TX 76645

BB
TX 351049
Transwestern Houston
GB
TX 692962
Transwestern Fort Worth
Listed by Transwestern Houston, Transwestern Fort Worth
$1,593,750
170 days on market
Updated 37 days ago

Fresenius Kidney Care

Details
APN 145416
Property Type Office, Retail
Sub Type Medical Office
Square Footage 8,500
Cap Rate 6.8%
NOI $108,375
Occupancy 100%
Tenancy Single
Brand/Tenant Fresenius Kidney Care
Lease Type NNN
Lease Term 5
Lease Expiration 08/31/2030
Remaining Term 4.2
Rent Bumps Yes
Lease Options Three (3), five-year options
Price per SqFt $188
Broker Co-Op Yes
Class A
Year Built 2005
Buildings 1
Stories 1
Acreage 1.340
Zoning "C" - Commercial
Investment Type Net Lease
Lease Commencement 09/01/2005
Occupancy Date 09/01/2005
Ground Lease No
Ownership Fee Simple

6.80% CAP | 8,500 SqFt

Marketing description

Transwestern National Net Lease | Sale Leaseback Group is pleased to present a rare opportunity to acquire a single-tenant Fresenius Kidney Care center located in Hillsboro, Texas. The Property is located adjacent to the former Hillsboro Outlet Mall which is undergoing a complete redevelopment.

Having occupied and operated at the Property for twenty years, the tenant recently executed a new 5-year lease with a 6.8% rental bump over the previous year and new, 2.4% annual rental increases, demonstrating a strong commitment to the site. The newly renewed lease runs through August 31, 2030.

Fresenius Kidney Care, a division of Fresenius Medical Care (FMC), a publicly traded company, is the leading provider of products and services for patients with kidney disease serving more than 190,000 patients in more than 2,600 centers nationwide. Worldwide, FMC cares for more than 346,500 patients in more than 4,000 facilities, including 44 production sites on all continents to provide dialysis products such as dialysis machines, dialyzers and related disposables.

FMC is headquartered in Bad Homburg v.d.H., Germany with its North American headquarters in Waltham, Massachusetts.

Investment highlights

  • Fresenius is the largest provider of dialysis related products and services worldwide
  • Tenant has 20-year operating history at the site
  • Tenant recently signed a new 5-year lease renewal indicating strong commitment to the site
  • Tenant agreed to a 6.8% rent increase for the first year of the renewal term with 2.4% annual increases thereafter
  • Limited landlord responsibilities
  • Renewal options are at market rate
  • Brand new, metal roof installed late 2025
  • 17 hemodialysis stations
  • Exceptional location at the northeast quadrant of Interstate 35 and Corsicana Highway (Route 22)

Listing Contacts

BB
TX 351049
Transwestern Houston
GB
TX 692962
Transwestern Fort Worth
Listed by Transwestern Houston, Transwestern Fort Worth

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Loan Amount
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$108,375.00
$9,031.25/mo

Valuation Metrics

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DSCR
6.8%
Cap Rate
6.8%
ROI

Map

Zoning

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C CommercialGeneral CommercialCommercial
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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