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656 N State St
Jackson, MS 39202
Office Property For Sale
PROPERTY FACTS
About 656 N State St , Jackson, MS 39202
The Fresenius Kidney Care in Jackson, Mississippi is a 2017 build-to-suit, 9,154 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 24 patient stations and 1 private station located in a separate room. The subject property is situated less than one half of a mile from Baptist Medical Center, a major 618-bed hospital, and is situated within two blocks of the Mississippi State Capitol Building. The property is surrounded by a variety of government service headquarters, historical museums, the Governor’s Mansion, and numerous restaurants and hotels. The property is a short distance from the international airport in Jackson, which is within a 15 minute drive. Mississippi 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 | 0002-1000-000 | Improvements Assessment | $140,610 |
Land Assessment | $38,739 | Total Assessment | $179,349 |
PROPERTY TAXES
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Listing ID: 13891072
Date on Market: 9/26/2018
Last Updated:
Address: 656 N State St, Jackson, MS 39202
The Office Property at 656 N State St, Jackson, MS 39202 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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