Log In/Sign Up
Your email has been sent.
784 Howard Ave - Singing River Health & Fresenius Medical Care 13,840 SF Health Care Building Offered at $5,049,642 CAD at a 7.25% Cap Rate in Biloxi, MS 39530
INVESTMENT HIGHLIGHTS
- Credit Tenant Co-Anchors
- Certificate of Need State for Dialysis
- Hospital Adjacent
- Annual Rental Escalations | 1.75 - 3.00%
EXECUTIVE SUMMARY
Collier's Net Lease Capital Markets is pleased to offer this two-tenant fully occupied medical office building in Biloxi, Mississippi. The property is anchored by Fresenius (60% of RSF) with a lease that is backed by the corporate guaranty of Fresenius Medical Care, Inc. The remaining space is co-anchored by Singing River Health System (40% of RSF), which is owned by Jackson County (BBB+). Singing River most recently reported annual net operating revenues of $419M, and operates the subject location as a primary care and walk in clinic, with additional onsite lab services.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $5,049,642 CAD | Lot Size | 0.21 AC |
| Price Per Bed | $229,529 CAD | Building Size | 11,438 SF |
| Sale Type | Investment | No. Beds | 22 |
| Cap Rate | 7.25% | No. Stories | 2 |
| Sale Condition | 1031 Exchange | Year Built/Renovated | 1900/2025 |
| Property Type | Health Care | Parking Ratio | 3.41/1,000 SF |
| Property Subtype | Rehabilitation Center | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | DT - DOWNTOWN | ||
| Price | $5,049,642 CAD |
| Price Per Bed | $229,529 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Sale Condition | 1031 Exchange |
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 11,438 SF |
| No. Beds | 22 |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2025 |
| Parking Ratio | 3.41/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | DT - DOWNTOWN |
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 1410K-03-046.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $80,962 CAD |
PROPERTY TAXES
Parcel Number
1410K-03-046.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$80,962 CAD
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
784 Howard Ave - Singing River Health & Fresenius Medical Care
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.