3150 Glynn Ave
Brunswick, GA 31520
Golden Isles Fresenius Kidney Care · Office Property For Sale

PROPERTY FACTS
ABOUT 3150 GLYNN AVE , BRUNSWICK, GA 31520
The Golden Isles Fresenius Kidney Care in Brunswick, Glynn County, Georgia is a 2018 build-to-suit, 8,212 square foot kidney dialysis clinic that is 100% leased via a new 15-year lease term. The lease structure includes attractive 1.7% annual rent increases throughout the primary term and option periods, and is guaranteed by Fresenius Medical Care Holdings, Inc. (FMCH) which has a net worth of $10.533 Billion. This new dialysis facility will provide best-in-class operations and customer service, housing 16 patient stations, 1 private station located in a separate room, and 3 home therapy rooms. Golden Isles Fresenius offers a premier, pride of ownership asset and location, creating an ideal long-term investment opportunity. Nestled on the Georgia coast midway between Savannah, GA and Jacksonville, FL lies four renowned barrier islands of St. Simons Island, Sea Island, Jekyll Island, Little St. Simons Island, and the mainland city of Brunswick. Known for its beautiful landscape of sandy beaches, world class golf, historic landmarks, bed and breakfasts, and five-star resorts, the Golden Isles showcase unrivaled southern charm and hospitality. The subject property is situated less than one mile from Southeast Georgia Health System Brunswick Campus, a major 300-bed hospital, and is situated in close proximity to the College of Coastal Georgia campus. This site benefits from excellent visibility and access, positioned directly on Highway 17, at the gateway to the only road providing access to three of the four barrier islands that make up the Golden Isles. Georgia is a Certificate of Need (CON) state for health care, which creates barriers to entry in this market for any competing dialysis services. CON laws are designed to contain healthcare facility costs and allow coordinated planning of new services and construction of heal care facilities, and are one mechanism by which state governments reduce overall health and medical costs.
PROPERTY TAXES
Parcel Number | 01-05265 | Improvements Assessment | $344,120 |
Land Assessment | $90,000 | Total Assessment | $434,120 |
Listing ID: 15219585
Date on Market: 2/19/2019
Last Updated:
Address: 3150 Glynn Ave, Brunswick, GA 31520
The Office Property at 3150 Glynn Ave, Brunswick, GA 31520 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.