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609 Rue De Brille 13,287 SF Office Building New Iberia, LA 70563 $2,153,057 ($162.04/SF) 7% Cap Rate
Investment Highlights
- Investment Grade Tenant
- Annual Rental Increases
- Growing Industry
- Recent Lease Extension
- Leading Operator
Executive Summary
Brille in New Iberia, Louisiana.
Fresenius recently executed an early five (5) year extension of their NN lease, demonstrating a long-term commitment to the site. The lease features 2% annual rental increases throughout the extended term, providing investors with stable and predictable income growth.
Fresenius Medical Care is the global leader in kidney care, operating over 4,100 facilities and serving approximately 345,000 patients worldwide. This location offers investors the opportunity to acquire a well-located asset backed by an investment-grade tenant in the growing dialysis treatment sector.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 1,164 SF
- $13.50
- Double Net
- Dec 2035
Fresenius Kidney Care is part of Fresenius Medical Care, a global provider of dialysis products and services headquartered in Bad Homburg, Germany. The broader Fresenius organization traces its roots to 1966, when Fresenius expanded its work in dialysis technology, and Fresenius Medical Care was formally established in 1996 following a merger of dialysis businesses. Fresenius Kidney Care focuses on supporting individuals with chronic kidney disease through dialysis treatment options, including home and in-center therapies, as well as kidney health education and related patient resources. The company is privately held through its parent structure under Fresenius Medical Care and ultimately Fresenius SE & Co. KGaA. Its operations form part of an international network offering dialysis services across multiple countries. Fresenius Kidney Care operates within a larger framework of healthcare services that includes dialysis centers, care delivery programs, and technological solutions designed for long-term kidney treatment.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 1,164 SF | $13.50 | Double Net | Dec 2035 |
Property Taxes
| Parcel Number | 0502988023 | Improvements Assessment | $146,620 |
| Land Assessment | $18,416 | Total Assessment | $165,036 |
Property Taxes
Presented by
609 Rue De Brille
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