121 S Orem Blvd
Orem, UT 84058
Office Property For Sale

15 Year Fresenius Salt Lake City | 2% Rent Bumps The Orem Fresenius Clinic is a single-tenant, build-to-suit, 9,663 square foot kidney dialysis clinic that is 100% leased to Fresenius Medical Care North America (FMC) on a new 15- year lease with rent commencement in June 2017. Approximately 7,104 Square feet is dedicated for Hemodialysis and the remaining 2,559 square feet is used for the physicians practice clinic. The lease includes 2% annual rent increases and is guaranteed by Fresenius Medical Care Holdings, Inc. (FMCH). This clinic is designed to provide state-of-the-art kidney dialysis care and consulting and will house 12 patient stations, one private station located in a separate room, and two home therapy rooms. The clinic is extremely well located on Orem Blvd. The property is adjacent to a Super Target and is just one block west of State Street, a major north south retail corridor. The clinic is just one mile from the Orem Community Hospital, 2.2 miles from the Timpanogos Regional Hospital and 3.8 miles from the Utah Valley Hospital. The clinic also located near Utah Valley University and Brigham Young University. Furthermore, the population within a 5-mile radius of the facility exceeds 80,000. Broker of Record: TRIGGER REITAL Principal Broker, Market Leader 801-303-5477 treital@comre.com License #: 8365609-PB00