Freestanding Dialysis Medical
1100 Redwood Dr. Ashland, OH 44805
1100 Redwood Dr., Ashland, OH, 44805
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For Sale
Contact for pricing
Pending
Build-to-suit Fresenius Kidney Care facility with an in-place lease extending through May 31, 2032.
Property Size6,023 SF
Lot Size1.30 Acres
Days on Market90
Property Features for 1100 Redwood Dr.
General Information
- Standard status
- Pending
- Size
- 6,023 SF
- Lot size
- 1.30 Acres
- Property subtype
- Office
Listing agency
Marcus & Millichap - Detroit
Listed by
David Weinberg · License #MI 6501339495
Source
Crexi
Added: Apr 24 Updated: Jul 22 at 4:46AM Checked: Jul 22 at 4:46AM
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Investment Insights
Based on property information with market context.
This build-to-suit, freestanding medical office facility is currently occupied by Fresenius Kidney Care. The property was completed in 2007 for the tenant and totals 6,023 square feet on 1.30 +/- acres. The lease includes two percent annual rental increases through May 31, 2027, followed by three percent annual rental increases from June 1, 2027 through May 31, 2032. The tenant has six years and eight months remaining on an early executed five-year extension.
Located in Ashland, Ohio, the facility is approximately 2.5 miles from University Hospital Samaritan Medical Center. It is also within close proximity to nine assisted living or retirement facilities. The dialysis facility operates six days per week, approximately 66 hours per week. The next closest dialysis facilities are located 15.7 miles, 15.8 miles, and 22 miles away.
Located in Ashland, Ohio, the facility is approximately 2.5 miles from University Hospital Samaritan Medical Center. It is also within close proximity to nine assisted living or retirement facilities. The dialysis facility operates six days per week, approximately 66 hours per week. The next closest dialysis facilities are located 15.7 miles, 15.8 miles, and 22 miles away.
Key Highlights
- 6,023 SF build‑to‑suit Fresenius Kidney Care facility on 1.30 +/- acres in Ashland, Ohio
- In‑place lease with Fresenius remaining term of six years and eight months; lease extension runs through May 31, 2032
- Rental increases: 2% annually through May 31, 2027, then 3% annually from June 1, 2027 through May 31, 2032
Property Analytics
Location Intelligence
Current Use by Public Records
Medical centers
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FAQs
What type of property is this?
Medical center - Build-to-suit Fresenius Kidney Care facility with an in-place lease extending through May 31, 2032.
Where is this medical center located?
The property is located at 1100 Redwood Dr. Ashland, OH.
What are key features of this property?
This property features: 6,023 SF build‑to‑suit Fresenius Kidney Care facility on 1.30 +/- acres in Ashland, Ohio; In‑place lease with Fresenius remaining term of six years and eight months; lease extension runs through May 31, 2032; Rental increases: 2% annually through May 31, 2027, then 3% annually from June 1, 2027 through May 31, 2032
