1104 Frank W Evans Way
Bennettsville, SC 29512
Fresenius Dialysis Medical Care Facility · Office Property For Sale

Marcus & Millichap is pleased to exclusively list for sale 7,192-square-foot single tenant Fresenius Medical Care located in Bennettsville, (Marlboro County) South Carolina. Located on approximately 1.02 acres, Fresenius Medical Care has three years remaining on their modified gross lease. Fresenius Medical Care has 1% annual rent increases along with three- five year options including future market value rent increases at every option period. Fresenius Medical Care has been established in this location since 2000 and is corporately guaranteed. Moody's has given Fresenius Medical Care a credit rating of Baa3 with a stable future outlook. Bennettsville is a city located in in Marlboro County, South Carolina. Bennettsville is situated in northeastern South Carolina along the Great Pee Dee River. Bennettsville is most noted for its historic architecture from the 19th and early 20th centuries. Bennettsville shares its borders with the municipalities with Tatum,. Clio, Blenheim, Society Hill, Cheraw, Wallace, and McColl. The major roads and highways that pass through or near Bennettsville are Route 15. Route 9, Route 38, Route 401, and Route 385. The subject property is approximately 10 miles from the southern border of North Carolina. Within a five-mile radius of Bennettsville, the median household income is $31,810 among the 14,582 individuals who reside within a five-mile radius of the subject property. The asking price of $787,000 represents a 9.85 percent cap rate.