783 New Highway 68 Sweetwater, TN 37874
NNN leased investment property with a strong corporate tenant.
Property size:
9,506 SFLot size:
1.14 AcresProperty Features for 783 New Highway 68
General Information
- Size
- 9,506 SF
- Lot size
- 1.14 Acres
Source:
Moodyscre
Listing Agent: Connor Shell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Freestanding NNN Leased Investment Property
This freestanding property is under an absolute NNN lease structure with over 9 years remaining, plus extensions, offering passive ownership with no landlord responsibilities. The tenant, Fresenius, is a strong corporate entity with over 2,600 dialysis centers nationwide and over 3 Billion in North American Revenue in 2023. The property benefits from high visibility and traffic, situated on a major highway, US-68, which sees over 15,000 vehicles per day. It is in close proximity to strong surrounding retail including Subway, Taco Bell, Domino’s, and Walgreens. Fresenius is a publicly traded company (NYSE: FMS) with an S&P Rating of BBB-. The lease includes annual rent increases.
Location Intelligence
Current Use by Public Records
Fresenius Kidney Care ...
Dialysis Center
Location Insight
- Map
- Local Demand
- City
- Sweetwater
- County
- Monroe
- State
- Tennessee
- Longitude
- -84.477667
- Latitude
- 35.592732
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FAQs
What type of property is this?
Medical office - NNN leased investment property with a strong corporate tenant.
Where is this medical office located?
The property is located at 783 New Highway 68 Sweetwater, TN.
What is the asking price?
The asking price for this property is $2,978,000.
What are key features of this property?
This property features: - Absolute NNN lease with over 9 years remaining, a truly passive investment.; - Strong corporate tenant: Fresenius, a national leader in dialysis services with substantial revenue.; - Investment grade credit: Fresenius is publicly traded (NYSE: FMS) with a BBB- S&P Rating.