2831 Okeeffe Ave
Sun Prairie, WI 53590
Office Property For Sale

The Madison (Sun Prairie) Fresenius Kidney Care clinic is a 2018 build-to-suit, state-of-the-art medical facility that is 100% leased to Fresenius via a new 15-year lease term, with rent commencement in November 2017. This location provides kidney dialysis services and consists of 7,304 square feet housing 16 patient stations, plus 1 private station located in a separate room. The lease is corporately guaranteed by Fresenius Medical Care Holdings which reported a 2015 net worth of 10.144 Billion and includes scheduled rent increases of 10% every 5-years during the primary term. The clinic features an excellent access and visibility from US Highway 151 (Traffic: 52,500 VPD) which provides direct access to Madison, the state capitol of Wisconsin. The clinic is next to the SSM health emergency center and only 4 miles from the UW Health at the American Center, one of the most advanced hospitals and wellness centers in the country. The clinic is also close to major national retailers including, Costco, Wal-Mart and Target. Furthermore, the population within a 5-mile radius of the facility exceeds 45,000 residents and average household income exceeds $83k. Sun Prairie is a part of the Madison MSA which is the state capital, 2nd largest city in Wisconsin and 82nd largest in the United States.