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3150 Glynn Ave
Brunswick, GA 31520

Golden Isles Fresenius Kidney Care · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
8,212 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,212 SF
Building FAR
0.13
Lot Size
1.50 AC
Zoning
HC
Parking
26 Spaces (3.16 Spaces per 1,000 SF Leased)

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

  • Listing ID: 15219585

  • Date on Market: 2/19/2019

  • Last Updated:

  • Address: 3150 Glynn Ave, Brunswick, GA 31520