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37139 Us-26 Hwy 4,696 SF Office Building Sandy, OR 97055 $2,442,860 CAD ($520.20 CAD/SF) 9.18% Cap Rate

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EXECUTIVE SUMMARY

Constructed in 2013 for Fresenius Medical Care, the building is 4,696 SF and is located on Hwy 26 with daily traffic counts of 32K+.
Fresenius is no longer operating at this location, but is contractually obligated to pay rent and NNNs through February of 2028. The lease is guaranteed by Fresenius Corporate (not a SPE or LLC), a S&P Investment Grade rating company (BBB-). Total rent to be paid Dec 2025-Feb 2028 is $364K.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,696 SF
Building Class
B
Year Built
2014
Price
$2,442,860 CAD
Price Per SF
$520.20 CAD
Cap Rate
9.18%
NOI
$224,255 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,696 SF
Zoning
C-2 - General Commercial

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

At Fresenius Kidney Care, they're passionately committed to helping people with chronic kidney disease (CKD) and end stage kidney disease (ESKD), also known as end stage renal disease (ESRD), lead fuller and more active lives. Fresenius Kidney Care, a division of Fresenius Medical Care, serves hundreds of thousands of patients in thousands of centers nationwide. As the worldwide leader in kidney disease, they strive to provide the highest-quality care to help people live longer, healthier lives. They understand that helping people live a vibrant and more active life goes beyond providing the best dialysis care. It’s about caring for the whole community. At Fresenius Kidney Care, they have several resources designed to meet emotional, medical, dietary, and financial literacy needs. This includes a library of downloadable tools available in their resource center.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 4,696 SF
  • Office/Medical
  • -
  • 30 Days
Space Size Space Use Condition Available
1st Floor 4,696 SF Office/Medical - 30 Days

1st Floor

Size
4,696 SF
Space Use
Office/Medical
Condition
-
Available
30 Days

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05012499
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,821,526 CAD
  • Listing ID: 37546420

  • Date on Market: 2025-09-04

  • Last Updated:

  • Address: 37139 Us-26 Hwy, Sandy, OR 97055

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