Investment Offering
Sumter, SC - Fresenius Medical Care
520 Physicians Lane | Sumter, SC 29150
$4,834,000
Price6%
Cap Rate10,155
± SF Offering GLA1.48
± AC Land AreaDescription
SRS National Net Lease Group is pleased to present the rare opportunity to acquire Fresenius Medical Center, a corporate guaranteed, net-leased investment property located in Sumter, South Carolina. The tenant, Fresenius Medical Care, has over 13 years remaining in the primary term. The lease features 10% rental increases every 5 years and minimal landlord responsibilities.
Location
The subject property is ideally situated along Miller Road (11,000 vehicles per day) and is near U.S. Route 76 / U.S. Route 521 (17,700 vehicles per day) with excellent street visibility. The site is adjacent to other medical tenants such as Sumter Cardiology and DaVita Healthcare Partners, creating strong synergy within the area. There are also several other nearby national tenants including AutoZone, O’Reilly Auto Parts, and Aflac. Additionally, the location serves over 60,720 customers having an average household income of $56,569 within a 5-mile radius of the property.
Contact
Matthew Mousavi
Sr Managing Principal & Co-Head of National Net Lease
949.698.1116949.698.1116[email protected]CA #: 01732226
Patrick Luther, CCIM
Sr Managing Principal & Co-Head of National Net Lease
949.698.1115949.698.1115[email protected]CA #: 01912215