FRESENIUS – HOLLY SPRINGS, MS (MEMPHIS MSA)

HIGHLIGHTS:

• Investment Grade Credit Guarantee from Fresenius Medical Care Holdings, Inc. – Fresenius Medical Care is the world’s leading provider of products and services for individuals with renal diseases of which around 3.8 million patients worldwide regularly undergo dialysis treatment. Through its network of 4,163 dialysis clinics, Fresenius Medical Care provides dialysis treatments for approximately 346,000 patients around the globe and did north of $20 billion in Revenue in 2022. Fresenius Medical Care has an S&P rating of BBB and a Moody’s rating of Baa3/Stable.
• Rare Absolute Triple-Net Lease with Zero Landlord Responsibilities – An investment in the Subject Property offers extremely passive cash flow as the Landlord has Zero Responsibilities related to the Subject Property. The tenant maintains the premises and pays for all common area maintenance, taxes, and insurance. The majority of Fresenius leases are not Absolute Triple-Net in nature.
• Located Within a High Demand Certificate of Need State – Mississippi is a Certificate of Need State, creating significant barriers of entry from any competition in the marketplace. The State of Mississippi also ranks number one in the United States for kidney disease mortality.
• Long Term Lease with Annual CPI Increases – The Lease offers a strong hedge against inflation with scheduled Annual Rent Increases based on the Consumer Price Index. The rent will increase a minimum of 1% annually and may increase as much as 2%.

EXCLUSIVELY LISTED BY:

DOMINIC SULO
Senior Managing Director Investments
Senior Director, Net Lease Properties Division
(630) 570-2171
dominic.sulo@marcusmillichap.com

BRETT WINGER
Associate
(630) 570-2159
brett.winger@marcusmillichap.com

MISSISSIPPI BOR
William M. Davis
Lic #B-15586