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4007 Corunna Rd
Flint, MI 48532
Reliant Renal Care · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Medical tenants are one of the most sought after NNN properties due to their service based business and e-commerce proof componants
  • Fresenius Medical Care (NYSE:FMS) is the world’s largest dialysis provider with a 48% market share
  • Ideal Demographics - This property is located in a market with demographics that are ideal for a Dialysis Clinic

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.92 AC
Zoning
CM
Parking
44 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
184’ on Corunna Rd

AMENITIES

  • Bus Line
  • Corner Lot
  • Signage
  • Signalized Intersection

ABOUT 4007 CORUNNA RD , FLINT, MI 48532

INVESTMENT HIGHLIGHTS • Rare CPI Increases - This store has CPI increases every 5 years which historically have resulted in better rental increases than the average for similar investments • Strong Guarantee - Corporate Guarantee by Reliant Renal Care Inc which is a wholly owned subsidiary of Fresenius Medical Care the largest dialysis provider • Recently Extended Lease - This property had its lease extended 10 years showing a strong commitment to the location LOCATION HIGHLIGHTS • Strong Traffic Counts - This location is located just off I-75 that sees over 85,000 VPD with over 28,000 VPD traveling on Corunna Rd as well • Surrounding Retail - This property is located in one of the busiest retail corridors in Flint with surrounding national tenants including Home Depot, Sam’s Club, Walmart, Lowe’s, Aldi, O’Reilly Auto Parts, Kroger, and more TENANT HIGHLIGHTS • The company currently holds an S&P credit rating of BBB - and a $26 Billion market cap • Fresenius operates over 2,400 dialysis facilities in North America alone, with the company continuing its expansion domestically and overseas

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07-21-527-204
  • 07-21-527-041
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$880,900
  • Listing ID: 16584868

  • Date on Market: 7/11/2019

  • Last Updated:

  • Address: 4007 Corunna Rd, Flint, MI 48532

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