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- LoopNet Team
2995 Race St
Jackson, LA 70748
Office Property For Sale
Investment Highlights
- Investment-Grade Corporate Guarantee (S&P: BBB)
- On-going Capital Improvements Including New Roof
- Only Dialysis Clinic in Town
- Multiple Lease Extensions Made by Tenant
- Passive Lease w/ Annual Rental Increases
- Growing Industry Insulated from Macroeconomic Change
PROPERTY FACTS
About 2995 Race St , Jackson, LA 70748
Stan Johnson Company, on behalf of ownership, is pleased to offer for sale to qualified investors the 100% fee simple interest in this Fresenius Medical Care property located at 2995 Race Street, Jackson, Louisiana 70748 (the “property”). The lease is fully guaranteed by Fresenius Medical Care, Inc. (NYSE: FMS | S&P: BBB), the world’s leading kidney care company. Fresenius is operating under a passive double-net (NN) lease structure with minimal landlord responsibilities. The lease has approximately three (3) years remaining in the primary term and features 0.75% annual rental increases through the remainder of the term and renewal option periods.
PROPERTY TAXES
| Parcel Number | 31-00096600 | Improvements Assessment | $202,500 |
| Land Assessment | $5,000 | Total Assessment | $207,500 |
PROPERTY TAXES
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