Fresenius

Investment Overview

Investment Highlights

• Healthcare Necessity Tenant – Fresenius is a global leader in kidney dialysis care providing essential, recurring medical services with strong long-term demand drivers.
• On-site Manager Handling Maintenance Items for Property - Given Strict Medical Protocols and Minimized Tenant Disruption
• Tenant Exercised Early Renewal – Demonstrates tenant commitment to the location with 7+ years remaining on the current lease term through June 2033.
• Annual Rental Growth – Lease features 2% annual rent increases throughout the base term and renewal options, providing built-in NOI growth and inflation protection.
• Strong Operator / Guarantor – Lease is guaranteed by Bio-Medical Applications of Georgia, Inc., an affiliate of Fresenius Medical Care.
• Low Occupancy Cost – Current rent of approximately $13.40 PSF offers affordable occupancy costs, supporting long-term tenant retention.
• Large Site with Ample Parking – 4,320 SF medical facility situated on a 1.94-acre parcel, allowing convenient patient access and strong site functionality.
• Recession-Resistant Medical Use – Dialysis treatment is a non-discretionary healthcare service, making the asset less sensitive to economic cycles than traditional retail properties.
• Strategic South Georgia Location – Positioned in Alma, the county seat of Bacon County, serving as a regional healthcare hub for surrounding rural communities.