Property History
The Diffie Retail Team is pleased to present exclusively for sale a Fresenius Medical Care (NYSE: FMS) located at 199 Veterans Blvd, South Haven, MI 49090. This deal includes an absolute net opportunity with more than years remaining on the primary term, with Fresenius having exercised their 5-yr option early. A rental increase of nearly 5.5 percent is scheduled in 2024, along with 2 percent annual increases each year following. Furthermore, this clinic is located in a Certificate of Need state, has nearly a 20-year operating history, and benefits from minimal surrounding dialysis competition. At $223 per SF, this is a prime opportunity to enter a recession-resistant healthcare investment boasting a solid return.
Certificate of Need State
Absolute Net Lease
Minimal Dialysis Competition
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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