11296 Lomas Ct NE
Albuquerque, NM 87112
Fresenius Medical Care - 2 in portfolio · Office Property For Sale

Corporate Guarantee | Rare Absolute NNN Lease
The vast majority of single tenant dialysis properties operate under double
net leases that require landlords to maintain certain capital improvements
such as the roof, structure and parking lot. The subject property offers a very
rare absolute NNN lease for a corporately guaranteed single tenant dialysis
property with no management or maintenance responsibilities whatsoever.

Annual Rent Increases During Primary Term & Option Periods
The subject property operates under an absolute NNN lease that offers an
industry-leading annual rent increase schedule based on CPI with an annual
floor of 1% and cap of 2% during the primary term and option periods.

Surrounded by National Retailers | Established Trade Area
The property benefits from a dense concentration of national tenants,
including a Walmart Supercenter, Target, Sam’s Club, Best Buy, Chase Bank,
Taco Bell, Applebee’s, Dollar Tree, Chevron, Panda Express, as well an
abundance of nationally-recognized hotel chains including Day’s Inn, Ramada
Suites, Econo Lodge and many more.

Fresenius Medical Care (S&P: “BBB-” / Moody’s: “Baa3")
Corporately guaranteed lease by Fresenius Medical Care, with annual
revenues of $19.3 B (FY 2024) and carrying a credit rating of “BBB” from
Standard & Poors and “Baa3” from Moody’s (“investment grade”).
NM Broker of Record: Ryan Sarbinoff
License: 20675