This property is Off-Market

2500 Main Street
Fort Scott, KS 66701 ·

Health Care For Sale

N/A

Print

Fresenius Medical Care | Dialysis Center

Price N/A Cap Rate 6.50%
Property Type Health Care Tenancy Single
Property Sub-type
Acute Care Hospital
More...
  • Medical Office
  • Day Care Facility/ Nursery
  • Special Purpose (Other)
Year Built 2014
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 1.67 AC
Listing ID: 18537106 Date Created: 01/28/2014 Last Updated: 02/13/2014

Description

The subject property is a Fresenius Medical Care located in Fort Scott, Kansas. Fresenius Medical Care has signed a fifteen year double net lease which is scheduled to commence in May of 2014. The lease provides for ten percent rent increases every five years throughout both the initial term and three five-year renewal options. Fresenius Medical Care, which is publicly traded on the New York Stock Exchange, has a currently credit rating of BBB- by Standard and Poors.

Located along Main Street, the subject property is positioned as an outparcel to a 162,000 square foot Walmart Supercenter. The property is also situated at the entrance to the Mercy Health Center, a full service 69-bed regional hospital. Other retailers in the area include Family Dollar, Walgreens, McDonald' s, O' Reilly Auto Parts, Dollar General and many more. The property features exposure along the area' s main traffic corridor with daily traffic counts in excess of 10,000 vehicles.

The City of Fort Scott is centrally located in the nation at the intersection of the north-south four-lane freeway Highway 69 and the east-west US 54. The City is the economic center along the eastern border of Kansas, midway between Interstate 70 and Interstate 35 in in Kansas City metro to the north and south to Interstate 44 at the corners of Kansas, Oklahoma, Missouri and Arkansas. Fort Scott' s proximity to the major metro complex provides easy access to sales, services and the arts yet provides a rural quality of life and a simple focus on business performance.

Highlights

  • New 15 Year Lease - Schedule to Commence in May of 2014
  • Investment Grade Credit - "BBB-" Credit Rating by Standard & Poors
  • Outparcel to Walmart Supercenter
  • Positioned at the Entrance to the Mercy Health Center - Full Service 69-Bed Regional Hospital
  • Exposure Along Area's Main Traffic Corridor

Research

2500 Main Street, Fort Scott, KS 66701 (Bourbon County)

Fort Scott Market Trends - Asking price index trends, sale price trends, asking rent trends

Alvin Mansour's Other Listings

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)