11540 E University Dr, Apache Junction, AZ, 85120, Apache Junction, AZ 85120 For Sale

Medicare Spending: Medicare, the primary payer for dialysis services in the U.S., spends approximately $55 billion annually on end stage renal disease care, underscoring the essential nature of dialysis services and providing a durable reimbursement backdrop for operators.

Growing Dialysis Population: More than 800,000 Americans live with end stage renal disease, with over 500,000 receiving ongoing dialysis treatment each year, creating consistent, recurring demand for outpatient dialysis centers.

Largest Global Dialysis Provider: Fresenius Kidney Care is part of Fresenius Medical Care, the largest dialysis provider in the world, with thousands of treatment centers and investment grade credit ratings, enhancing the credit profile and supporting long-term operational stability.

Aging Demographics: Arizona, and specifically Apache Junction, has a high percentage of residents aged 65+, supporting long-term demand for outpatient dialysis services and durable occupancy for facilities like the subject property.

Phoenix East Valley Growth: Apache Junction is located within the rapidly expanding East Valley corridor, benefiting from inbound migration, residential development, and employment expansion, which drives demand for neighborhood-based outpatient medical services.

Value Add Opportunity: Approximately 20% of the building is currently vacant, offering investors the chance to lease the remaining space to complementary medical users and increase NOI.

Scheduled Rent Increases: The Fresenius lease features 2% annual rental increases, providing built-in NOI growth and natural yield compression over time.

NNN Lease Structure: Fresenius occupies about 80% of the building under a NNN lease, providing a landlord-friendly structure with predictable base rental income and limited landlord responsibilities.