- Fresenius Medical Care (NYSE: FMS) is the world’s largest dialysis provider with 4,000 global locations, an annual revenue over $10.41B and 120,000+ employees.
CORPORATE GUARANTY TO FRESENIUS MEDICAL CARE HOLDINGS INC
2014 CONSTRUCTION–BUILD-TO-SUIT FOR FRESENIUS
HIGH PERFORMING CLINIC:
- Location is open six days a week and has 18 dialysis stations
NEW LEASE RENEWAL:
- In Fall of 2021, tenant signed a new 5-year renewal (beginning in 2024) with annual 1.00% rent increases.
- Landlord only responsible for Roof and Parking Lot replacement. Tenant handles all maintenance and repair.
STRONG COMMERCIAL LOCATION:
- Subject property is directly adjacent to a well-performing Walgreens and is surrounded by national retailers such as Walmart, Kroger, Tractor Supply Co, Applebee’s, Dunham’s, Wendy’s, Arby’s, McDonald’s, etc.