1276 Kitson St | Sturgis, MI 49091
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1276 Kitson St
Sturgis, MI 49091
Fresenius Medical Care of Sturgis, MI · Health Care Property For Sale
·
6,500 SF
Investment Highlights
- INVESTMENT GRADE TENANT - Fresenius Medical Care is the largest provider of renal care in both the United States.
- ANNUAL ESCALATIONS - Beginning in 2022, base rental rate escalations of 2% annually throughout the remainder of the term.
- CORPORATELY GUARANTEED - The lease is backed by a corporate guarantee from Fresenius’ parent company Fresenius Medical Care Holdings, Inc.
- FACILITY LOCATION - The 33-patient dialysis facility has been operational since 2008 and is the only dialysis facility in a 20-mile radius.
- "ESSENTIAL BUSINESS" INVESTMENT - Given the current market conditions, the significance of “essential businesses” has become of utmost importance.
Property Facts
| Property Type | Health Care | Building Size | 6,500 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | B | Year Built | 2008 |
| Lot Size | 1.23 AC | Parking Ratio | 5.38/1,000 SF |
| Zoning | C | ||
| Property Type | Health Care |
| Property Subtype | |
| Building Class | B |
| Lot Size | 1.23 AC |
| Building Size | 6,500 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Parking Ratio | 5.38/1,000 SF |
| Zoning | C |
Property Taxes
| Parcel Number | 052-105-001-00 | Improvements Assessment | $337,500 |
| Land Assessment | $24,000 | Total Assessment | $361,500 |
Property Taxes
Parcel Number
052-105-001-00
Land Assessment
$24,000
Improvements Assessment
$337,500
Total Assessment
$361,500
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