Fresenius Medical Care: Columbus, MS

NEW 15-YEAR LEASE WITH ANNUAL CPI INCREASES
New 15-year Absolute NNN lease with annual CPI rent increases (Capped at 2%). There are an additional three, 5-Year Renewal Option Periods.

ABSOLUTE NNN LEASE
Unlike the standard dialysis center leases with significant Landlord responsibilities (such as roof, structure, parking lot and HVAC replacement), the Subject Property has an absolute NNN lease structure that provides an investor with a long-term, passive income stream with no landlord maintenance responsibilities whatsoever.

WELL-ESTABLISHED LOCATION WITHIN UPSCALE REGIONAL MEDICAL HUB
The Subject Property has a 22-year operational history at this location and is strategically positioned at the intersection of U.S. Highway 45 and 82 (28,000 ADT) in a major retail corridor. The facility is located near Baptist Memorial Hospital (315-beds), Hobby Lobby, PetSmart, Kroger Grocer, Walmart Supercenter, Lowe’s, Courtyard by Marriott, Hyatt Place, Hampton Inn & Suites, Holiday Inn Express & Suites, Fairfield Inn & Suites by Marriott, Walgreens, T.J. Maxx, Starbucks, Burger King, Krispy Kreme Doughnuts, Leigh Mall, Cracker Barrel and many more. INVESTMENT GRADE TENANT Fresenius Medical Care Holdings, Inc., the Guarantor under the Lease, carries an Investment Grade Credit Rating of “BBB-” from S&P and “Baa3” from Moody’s. Unlike many other dialysis center leases, the Guarantee does not expire at the end of the primary term. The lease is guaranteed by Fresenius Medical Care Holdings, Inc.

FRESENIUS MEDICAL CARE (1)
• Fresenius Medical Care reported $18.5 Billion in revenue and a net worth of $11.5 Billion (2018)
• Fresenius Medical Care is the world’s largest provider of products and services for individuals with renal diseases of which approximately 3.4 million patients worldwide regularly undergo dialysis treatment
• Revenue in North America, approximately 72% of Fresenius Medical Care’s total revenue, increased 8% from the previous year
• Fresenius Medical Care serves 333,331 patients in more than 50 countries across 3,928 clinics
• Fresenius Medical Care employs more than 112,658 people in more than 50 countries around the world, which includes over 60,000 in North America

(1) All financial data shown above is for Fresenius Medical Care, which does not guarantee the Lease. Lease is guaranteed by the US entity, Fresenius Medical Care Holdings, Inc., which carries an investment grade credit rating of “BBB-” from S&P and “Baa3” from Moody’s.

Sources: www.freseniusmedicalcare.com, Yahoo Finance, Standard & Poor’s, Moody’s, www.baptistonline.org

MS Broker of Record: Mickey Davis
License: B-15586