Fresenius Medical Center Investment
2802 S 6th Ave Tucson, AZ 85713
2802 S 6th Ave, Tucson, AZ, 85713
$2,912,000
For Sale
$2,912,000
NNN leased Fresenius Medical Center near I-10 and Tucson VA.
Property Size9,369 SF
Price / SF$310.81
Days on Market113
Property Features for 2802 S 6th Ave
General Information
- Standard status
- Active
- Size
- 9,369 SF
- Property subtype
- Retail
Listing agency
Phoenix Commercial Advisors
(602) 385-1328
Listed by
Danny Gardiner · License #SA536326000
Source
Phoenixcommercialadvisors
Added: Apr 1 Updated: Jul 10 at 1:16PM Checked: Jul 22 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phoenix Commercial Advisors
Investment Insights
Based on property information with market context.
This property is a Fresenius Medical Care facility operating under a corporate modified NN lease. Fresenius has been operating at this location for 16 years, having previously exercised two options, with two more remaining. The property is an outparcel to a grocery-anchored center with co-tenants including Wingstop, Little Caesars, T-Mobile, Rent-A-Center, Title Max, and Jackson Hewitt. Recent capital improvements include resealing and striping of the parking lot and the installation of two HVAC systems at Fresenius, featuring three-phase, 5-ton RUDD commercial gas package systems. Fresenius is a major provider of products and services for individuals with renal disease, operating over 4,000 dialysis centers across 50 countries. The property benefits from its location less than 0.25 miles from Interstate 10, which sees over 127,000 vehicles per day, and less than 0.5 miles from the 295-bed Tucson VA Medical Center. The surrounding retail corridor includes Costco, Walmart, El Super, Planet Fitness, Curacao, Dave & Busters, and McDonald’s. The property is also located approximately 3 miles from the University of Arizona, which has over 53,000 students and 5,200 staff. It is located within a ±15 minute drive from the top 10 employers in Tucson. Landlord responsibilities are limited, making it a potentially hands-off investment.
Key Highlights
- Corporate Modified NN Lease with Fresenius Medical Care
- Strong operating history with Fresenius at the location for 16 years
- High‑traffic location: Less than ¼ mile from Interstate 10 with over 127,000 VPD
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $213.6k | $22.80 |
| − Vacancy | −$21.4k | −$2.28 |
| EGI | $192.3k | $20.52 |
| − OpEx | −$76.9k | −$8.21 |
| NOI | $115.4k | $12.31 |
9,369 SF · lease $22.80/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.65M
$1.44M – $1.92M
NOI $115,351 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M
NOI $160,547 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fresenius Kidney Care ...
Medical Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - NNN leased Fresenius Medical Center near I-10 and Tucson VA.
Where is this medical center located?
The property is located at 2802 S 6th Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $2,912,000.
What are key features of this property?
This property features: Corporate Modified NN Lease with Fresenius Medical Care; Strong operating history with Fresenius at the location for 16 years; High‑traffic location: Less than ¼ mile from Interstate 10 with over 127,000 VPD
