717 Stone Ave
Talladega, AL 35160

Peranich Huffman Net Lease Group is pleased to offer for sale on an exclusive basis, the Fresenius Medical Care facility of Talladega, Alabama. Constructed in 2005, the 7,536 square foot facility is leased on a Corporately Guaranteed, long term double-net basis to Fresenius Medical Care. The strength of the facility’s operation enabled Fresenius Medical Care to extend the lease in 2018 for an additional 7 years. Per the double net structure of the lease, the Landlord is only responsible for the repair and replacement of the roof, structure and parking areas of the building. Fresenius is responsible for all costs associated with Property Taxes, Common Area Maintenance (including HVAC repair & replacement), and Insurance. With 7.5 years of primary lease term remaining, the lease calls for 2% annual rent escalations & three 5-Year renewal options. Offered at a 8.0% capitalization rate, the offering provides an investor with the opportunity to acquire a property with a strong operation occupied by a national medical tenant that exemplifies a reputation of consistency for both its patients and the real estate investment community.