Davita | East Tennessee Medical Assoc.

 

  • Triple Net (NNN) Lease Investment Opportunity with Limited Landlord Responsibilities
  • This is a 2-Tenant Property Shared with East Tennessee Medical Associates
  • DaVita Dialysis Has 1% Annual Increases with 3 x 5 Year Options to Renew
  • East Tennessee Medical Associates Has 2% Rent Increases at Options
  • Close Proximity to a Strong Retail Area on W Market Street
  • Approximately 2 Miles from East Tennessee State University with An Enrollment of 15,300 Students
  • Johnson City is the 8th Largest City in the State and Currently Ranked #35 “Best Small Place for Business and Careers” in the U.S According to Forbes Magazine

In Cooperation with Sands Investment Group Tennessee, LLC – Lic # 263973

Fresenius Medical Care

 

  • Fresenius Medical Care (BB+) Public – NYSE (FMS)
  • Strong Location Currently Running 2 Shifts, M-S with 17 Stations
  • NN Lease – Minimal LL Responsibilities
  • Long Term Operating History at this Location since 2002
  • Located Along Medical Corridor
  • Guarantor – Fresenius Medical Care Holdings, Inc.