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Fresenius Medical Care of Talladega Leasehold 717 Stone Ave 7,536 SF Office Building Talladega, AL 35160 $2,238,272 CAD ($297.01 CAD/SF) 8.50% Cap Rate

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Investment Highlights

Leasehold Opportunity - On Campus Built-to-Suit Fresenius Dialysis Clinic (2004)
Ground Lease Through July 31, 2033 | Purchaser holds the absolute right to renew the ground lease for two additional 15-year terms
Alabama requires a Certificate of Need (CON) for dialysis centers, limiting competition and supporting tenant retention

Long-Term Operating History | Fresenius recently executed a 7-year extension; lease now runs through August 31, 2033
NNN Leasehold Structure
Leasehold structure allows for depreciation of nearly the entire ownership basis, offering investors a meaningful tax benefit

Executive Summary

Cook Commercial Partners are pleased to present the Fresenius Medical Care – Talladega Leasehold Opportunity, a single-tenant dialysis clinic in Talladega, AL.
The 7,536 SF facility was built-to-suit for Fresenius in 2004. Fresenius recently signed a 7-year lease extension, securing the term through August 31, 2033. The lease features 2% annual rental increases and two additional five-year renewal options. The ground lease runs through July 31, 2033, with two 15-year renewal options.
Located on the campus of Citizens Baptist Medical Center (Orlando Heath), a 122-bed acute care hospital, this mission-critical facility offers investors stable cash flow, annual rental growth, and a long-term commitment from the world’s leading dialysis provider.
Purchaser holds the absolute right to renew the ground lease for two additional 15-year terms exercisable by written notice prior to February 1, 2033.

FMC Talladega OM

Property Facts

Sale Type

Investment

Sale Condition

Ground Lease (Leasehold)

Property Type

Office

Property Subtype

Medical

Building Size

7,536 SF

Building Class

Year Built/Renovated

2005/2019

Price

$2,238,272 CAD

Price Per SF

$297.01 CAD

Cap Rate

8.50%

NOI

$190,254 CAD

Tenancy

Single

Building Height

1 Story

Typical Floor Size

7,536 SF

Building FAR

0.13

Lot Size

1.36 AC

Opportunity Zone

Yes

Parking

33 Spaces (4.38 Spaces per 1,000 SF Leased)

Major Tenants

Health Care and Social Assistance
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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.