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Fresenius - Las Vegas, Nevada

PROPERTY INFORMATION

Lease type: NNN
Building area: 10,451 SF
Total lot size: 1 Acres

The Las Vegas Fresenius Clinic is a 2019 renovation-to-suit, state-of-the-art dialysis center that is 100% leased to Fresenius via a new 10-year lease term, with rent commencement in February 2019. The lease is corporately guaranteed by Fresenius Medical Care Holdings and includes scheduled annual rent increases of 1.7%. The facility consists of 10,451 square feet, housing 24 stations plus 1 private station located in a separate room.

The clinic features an excellent location on Warm Springs Road (Traffic Count: 32,000 VPD), a major east-west corridor and is 3 blocks east of Las Vegas Blvd (Traffic Count: 47,000 VPD), a world-famous road, best known for the Las Vegas strip and its casinos. The clinic is just a short distance from these heavily trafficked attractions. The clinic features excellent access to Interstate 15 (Traffic Count: 182,000 VPD) via Warm Springs Road as well as Interstate 215 (Traffic Count: 219,000 VPD). The facility is surrounded by office parks, residential neighborhoods and national retailers and is just a few blocks from the Las Vegas premium outlets. The clinic is also in close proximity to the McCarran International airport as this facility accommodates travelers visiting Las Vegas and are in need of dialysis treatments hence the clinics excellent location to the airport, highways and the Las Vegas strip.




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