2501 Ohio Ave
Fort Pierce, FL 34947
Fresenius Medical Care · Office Property For Sale

Stan Johnson Company is pleased to offer for sale to qualified investors a 7,955 square-foot freestanding Fresenius Medical Care dialysis clinic located at 2501 Ohio Avenue, Fort Pierce, Florida (the Subject Property ). The offering is comprised of an approximately .87 acre plot, along with the fee-simple ownership rights to a building that is 100% leased by RAI Care Centers of Florida I, LLC, and is guaranteed by Fresenius Medical Care Holdings, Inc. (Standard and Poor' s: BBB-). The facility offers a new (7.5) year lease term with one (1), five (5) year option to renew. The lease features two and a half percent (2.50%) annual rental increases. This double net lease has landlord responsibilities limited to repair and replacement of roof and structural components, capital improvements, and any HVAC expenses greater than $2,500. The Subject Property was built in 2000 and is located across the street from Lawnwood Regional Medical Center & Heart Inst., a 255-bed hospital. Lawnwood Regional Medical Center is the only general hospital in Fort Pierce, FL, and is a operated by Hospital Corporation of America. Fort Pierce is a city in, and the county seat of, St. Lucie County, Florida. It is also known as the Sunrise City, sister to San Francisco, California. As of 2012, the population recorded by the U.S. Census Bureau was 42,645. It is named after the army installation of Fort Pierce built in the area in 1838 during the Second Seminole War. Fort Pierce, has been the hub of St. Lucie County, Florida for over 100 years. Situated on the Treasure Coast, named after the famed sinking of a Spanish treasure fleet in 1715, Fort Pierce is one of the oldest communities on the east coast of Florida. Fort Pierce is served by the St. Lucie Transportation Planning Organization (TPO). The TPO is a Metropolitan Planning Organization (MPO), a federally mandated and federally funded transportation policy-making organization responsible for transportation planning, programming, and financing of State and Federal transportation funds for the City of Fort Pierce. The TPO is governed by a TPO Board, which is composed of elected officials, representatives from the St. Lucie County School Board, and representatives from Community Transit, a division of The Council on Aging of St. Lucie, Inc.