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609 Rue De Brille 13,287 SF Office Building New Iberia, LA 70563 $2,968,915 CAD ($223.45 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment Grade Tenant
- Annual Rental Increases
- Growing Industry
- Recent Lease Extension
- Leading Operator
EXECUTIVE SUMMARY
Brille in New Iberia, Louisiana.
Fresenius recently executed an early five (5) year extension of their NN lease, demonstrating a long-term commitment to the site. The lease features 2% annual rental increases throughout the extended term, providing investors with stable and predictable income growth.
Fresenius Medical Care is the global leader in kidney care, operating over 4,100 facilities and serving approximately 345,000 patients worldwide. This location offers investors the opportunity to acquire a well-located asset backed by an investment-grade tenant in the growing dialysis treatment sector.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Health Care and Social Assistance
- 1,164 SF
- $18.62 CAD
- Double Net
- Dec 2035
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 TYPE | LEASE END | |
|
|
Health Care and Social Assistance | 1,164 SF | $18.62 CAD | Double Net | Dec 2035 |
PROPERTY TAXES
| Parcel Number | 0502988023 | Improvements Assessment | $202,833 CAD |
| Land Assessment | $25,477 CAD | Total Assessment | $228,309 CAD |
PROPERTY TAXES
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609 Rue De Brille
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