Jim Shiebler, CCIM, CEC

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

​Highlights

• Corporate Backed Lease With Credit Tenant

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• Essential Business - Recession, Pandemic and E-commerce Proof

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• 30+ Years Operating History Out of This Location

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• 2.5% Annual Increases with a 7% Annual Increase on 9/1/2024 and 3% Annual Increases in the Option Periods

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• Exercised Most Recent 5 Year Option Early

​Description

Marcus & Millichap is pleased to present Fresenius Kidney Care, a truly rare investment opportunity for an investor to purchase a property with a proven track record of success in the market of Knoxville, TN. This is a corporate backed lease with a credit tenant. Additionally, this property is an essential business making it a recession, pandemic, and e-commerce proof concept. This tenant also has 30+ years of operating as this location and exercised the most recent 5 year option early showing their commitment to this site. This prime property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.