Fresenius Medical Care - Lee County

Cook & Associates Real Estate Advisors are pleased to present the Fresenius Medical Care clinic located in Tupelo, Mississippi. The subject property is a single tenant, 13,535 sq. ft, complete gut-remodel facility for Fresenius in 2018. This investment offers just under fourteen years of lease term, with 1.7% annual rental increases and a full corporate parent guarantee. Fresenius Medical Care – Lee County is ideally located within the State of Mississippi, which is only one of twelve states in the country that require a Certificate of Need for renal care facilities. This government requirement limits competition among dialysis providers and grants operation approval based strictly on the demographic needs for the services of the tenant. For the tenant, this encourages stronger commitment to a location. For the investor, this provides an extra layer of security to the investment.