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1030 W Highway 11e
New Market, TN 37820

Fresenius Medical Care · Office Property For Sale

Investment Highlights

  • Strong Parent Company – Fresenius Medical Care Holdings, Inc. has a $39.8 billion net worth and holds an investment grade credit rating
  • Limited Competition – This is the only dialysis facility in Jefferson County TN, having 12 dialysis stations and is open 6 days a week, with 21 shifts
  • Certificate of Need (CON) – Tennessee is a CON state requires a health system to demonstrate community need before expanding health services
  • No Early Termination or Kick-Out Clause – This lease is free from early termination options or early kick-out clauses during the term
  • Recession-and Pandemic-Resistant Asset – Facility provides essential, non-cyclical and life-sustaining healthcare services
  • Recent Lease Extension – The Tenant recently extended the current lease for an additional five (5) years

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
6,052 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,052 SF
Building FAR
0.03
Lot Size
4.16 AC
Zoning
C-1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
033-031.10
Land Assessment
$41,480
Improvements Assessment
$216,600
Total Assessment
$258,080
  • Listing ID: 25787611

  • Date on Market: 5/25/2022

  • Last Updated:

  • Address: 1030 W Highway 11e, New Market, TN 37820

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