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37139 Us-26 Hwy 4,696 SF Office Building Sandy, OR 97055 $1,750,000 ($372.66/SF) 9.18% Cap Rate
EXECUTIVE SUMMARY
Fresenius is no longer operating at this location, but is contractually obligated to pay rent and NNNs through February of 2028. The lease is guaranteed by Fresenius Corporate (not a SPE or LLC), a S&P Investment Grade rating company (BBB-). Total rent to be paid Dec 2025-Feb 2028 is $364K.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- -
Fresenius Medical Care, a publicly traded company, is the world’s leading provider of products and services for patients with chronic kidney disease, established through a merger in 1996. The company operates approximately 3,700 dialysis clinics globally and serves over 299,000 patients per year, supported by around 40 production facilities for dialysis machines, dialyzers, and related supplies. It offers in-center and home dialysis, vascular access care, renal pharmaceuticals, and clinical lab services. In 2025, Fresenius emphasized expanding home dialysis programs and advancing patient-centered technologies. The Morristown, TN center at 420 W Morris Blvd is part of its U.S. network, providing in-center hemodialysis, peritoneal dialysis, and home hemodialysis training. Leadership is based in Germany, but regional leadership, including center operations, is supported by executive and medical officers across North America.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Health Care and Social Assistance | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 4,696 SF
- Office/Medical
- -
- 30 Days
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,696 SF | Office/Medical | - | 30 Days |
1st Floor
| Size |
| 4,696 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| 30 Days |
PROPERTY TAXES
| Parcel Number | 05012499 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,300,208 |
PROPERTY TAXES
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37139 Us-26 Hwy
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