9140 Harrison Park Dr
Indianapolis, IN 46216
Fresenius Kidney Care · Office Property For Sale

Location 9140 Harrison Park Dr., Indianapolis, IN 46216 Building & Land Fresenius Kidney Care is currently under construction, has a target completion date of February 1, 2018, and will be a 7,195 square foot medical office building situated on a 1.77 acre site. The frame will be steel while the exterior will consist of modular brick, acrylic-based EIFS, and glass. The roof will be a flat rubber-membrane. Lease The Fresenius Kidney Care is master-leased to Fresenius Medical Care Indiana, LLC d/b/a Fresenius Kidney Care Northeast Indiana (with Corporate Guaranty by Fresenius Medical Care Holdings) for 15 years until approximately January 31, 2033 at the initial annual rent of $181,961 per year with 1.02% annual increases. There are three fiveyear renewal options with 1.017% annual increases. Tenant is responsible for all property real estate taxes, property insurance, management, interior maintenance, and repair costs. Landlord is responsible for maintenance of the foundation, structure, load-bearing walls, exterior walls, roof and roof supports, columns, retaining walls, gutters, downspouts, flashings, and footings. Annual Rent (example)* Year Annual Rent Return 1 $181,961 5.65% 5 $189,499 5.88% 10 $199,363 6.18% 15 $209,740 6.51% * Please see Lease Abstract Pgs. 7-9 for additional details. Price $3,220,458