1206 Sherman Avenue Unit 3, Vineland, NJ 08360
2017-built kidney dialysis clinic with 12 patient stations plus private and home therapy rooms, fully leased under a 15-year term.
Property Features for 1206 Sherman Avenue Unit 3
General Information
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Investment Insights
Based on property information with market context.
The facility is located within a Medical Office Park and across the street from the 262-bed Inspira Medical Center. Vineland is approximately 45 miles from Philadelphia. The population within a 5-mile radius exceeds 174,000 residents, and average household income exceeds $70K.
Key Highlights
- 2017 build‑to‑suit kidney dialysis clinic is 100% leased under a new 15‑year lease term with rent commencement in Nov 2017
- Lease is corporately guaranteed by Fresenius Medical Care Holdings with scheduled 10% rent increases every 5 years during the primary term
- 11,250 SF medical facility with 12 patient stations plus 1 private station in a separate room
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Demographics for 08360, NJ
Market
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