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Fresenius Kidney Care 11540 E University Dr 14,370 SF 100% Leased Retail Building Apache Junction, AZ 85120 $4,737,879 CAD ($329.71 CAD/SF) 7% Cap Rate
Investment Highlights
- Fresenius Kidney Care anchors 80% of the ±14,370 SF medical office on a NNN lease with 2% annual rent increases through May 2031.
- Offered at $3,441,900 with a 7.00% cap rate and $240,933 NOI, providing stable in-place income and long-term demand.
- Fresenius Medical Care is the world’s largest dialysis provider with investment grade credit and 2,600+ U.S. clinics.
- Value add opportunity with two vacant medical suites totaling ±2,800 SF, offering upside through lease-up and NOI growth.
- Located on ±2.78 acres in Apache Junction, AZ, within the fast-growing Phoenix East Valley corridor with strong senior demographics.
- Landlord-friendly NNN lease structure with limited responsibilities and predictable income from a nationally recognized healthcare tenant.
Executive Summary
Broker of Record
David Harrington
License # CO701910000, BR715518000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
David Harrington
License # CO701910000, BR715518000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,370 SF
Building Class
B
Year Built
2005
Price
$4,737,879 CAD
Price Per SF
$329.71 CAD
Cap Rate
7%
NOI
$331,652 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
2.78 AC
Zoning
C-2 - Commercial
Parking
91 Spaces (6.32 Spaces per 1,000 SF Leased)
Frontage
317’ on N Meridian Rd
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
-
Jan 0000
Fresenius Kidney Care originated in 1996 through a merger that created a global leader in renal services. The company operates thousands of dialysis clinics worldwide while also manufacturing essential dialysis equipment and supplies. The integrated business model combines direct patient care with pharmaceutical production. Fresenius Kidney Care maintains a presence in numerous countries through both treatment centers and production facilities, serving a significant population of patients requiring kidney disease management.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | Jan 0000 |
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 220-11-001U | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $376,124 CAD |
Property Taxes
Parcel Number
220-11-001U
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$376,124 CAD
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Fresenius Kidney Care | 11540 E University Dr
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