Fresenius Kidney Care Single Tenant Property Images & Information
Fresenius Kidney Care Single Tenant Property Description
Faris Lee Investments is pleased to present the exclusive opportunity to acquire an Investment Grade single-tenant net-leased offering occupied by Fresenius Kidney Care (BBB- rated / NYSE: FMS) in Sacramento, California. As an international leader in renal care with a $12.16+ billion market cap and over 4,000 locations globally, Fresenius provides an institutional-grade, recession-resilient credit investment. The offering is secured by an original 15-year lease with 11 years of primary term remaining, featuring 1.5% annual rent escalations that ensure consistent cash-flow growth and a strong hedge against inflation. This location is a significant commitment by Fresenius, evidenced by their strategic relocation to the site and a massive $10 million tenant-funded capital investment. The facility was custom-built to support a state-of-the-art 48-station dialysis clinic, complete with extensive infrastructure upgrades including a new roof and building systems. Offered with minimal landlord management obligations, the asset features a streamlined structure where the tenant reimburses 100% of its pro-rata CAM expenses, providing a highly passive vehicle for institutional or private capital seeking secure yield. Strategically located in close proximity to Kaiser Permanente South Sacramento Medical Center with over 780,000 sqft on 48.5 acres. Situated at the focal point of a major retail and medical hub, the asset benefits from exceptional surrounding synergies. The property is co-anchored within a thriving center featuring a soon-to-open H-Mart, DD's Discounts, Starbucks, McDonald's, and AutoZone. The site enjoys superior visibility along Mack Road with nearly (42,300 VPD) at the intersection immediately accessible to Highway 99 (170,800 VPD). The site is surrounded by high-volume national retailers including Costco, Target, and Lowe's, and is supported by a robust demographic base of over 380,000 residents within a 5-mile radius.
Exclusive Investment Highlights
- Credit income stream from Investment Grade (BBB- rated) Fresenius Kidney Care
- Publicly traded Company (NYSE:FMS)
- Market Cap over $12.16B (Sept 2026)
- $22.21B in revenue in 2025
- Reported operating income grew by 27% in 2025, reported net income by 82%
- Long term 15 year lease with 11 years remaining/annual increases through primary term and option periods
Area Overview
The site enjoys superior visibility along Mack Road with nearly (42,300 VPD) at the intersection immediately accessible to Highway 99 (170,800 VPD). The site is surrounded by high-volume national retailers including Costco, Target, and Lowe’s, and is supported by a robust demographic base of over 380,000 residents within a 5-mile radius.
(subject to change) $13,700,000 CAP RATE:5.75%
Financial Snapshot
| Net Operating Income | $788,170.00 |
|---|---|
| Rentable SF | 25,842 SF |
| Lot Size (Acres) | SEE OM AC |
| Year Built | 1981 |
| APN | See OM |
| Zoning | Commercial |
