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1104 Walters Ave
Baltimore, MD 21239
Fresenius Medical Center · Retail Property For Sale
Investment Highlights
- Corporate Guarantee by Fresenius Medical Care - Fresenius (NYSE: FMS) currently holds an S&P (BBB), providing a secure corporate-backed guarantee.
- Located near Major Hospital.- The property is located less than a mile away from the Medstar Good Samaritan Hospital, a Top-50 Hospital in the U.S.
- Long-Term Lease – There are Nine (9) years remaining on a NN lease with Two (2), Five (5) year options to renew.
- High-Traffic Corridor - It is located adjacent to the Alameda Marketplace, a grocery-anchored shopping center with an abundance of National Tenants.
- Corporate Guarantee by Fresenius Medical Care - Fresenius (NYSE: FMS) currently holds an S&P (BBB), providing a secure corporate-backed guarantee.
- Annual Rental Increases – There are 2.5% annual increases throughout the lease term, growing the NOI and providing a strong hedge against inflation.
- 2016 Construction – The property was built in 2016 and was Fresenius’ new construction prototype with 9,053 SF and a .97 AC lot.
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,028 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.97 AC
Property Taxes
| Parcel Number | 5140P-003B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,390,000 |
Property Taxes
Parcel Number
5140P-003B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,390,000
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