Leased Dialysis Clinic
For Sale
Contact for pricing
1407 E Lafayette St, Tallahassee, FL 32301
Renovated 8,960-square-foot Fresenius Kidney Care clinic with 16 patient stations and one private station under a new 12-year lease.
Property Size8,960 SF
Days on Market120
Property Features for 1407 E Lafayette St
General Information
Standard status
Active
Size
8,960 SF
Property subtype
Mixed Use, Retail
Occupancy
100%
Building Details
Year Renovated
2020
Tenancy
Single
Listing Agency:
Colliers - San Diego - Carlsbad, California
Listed By:
Jay Patel · License #01512624
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 12:24AM
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 Colliers - San Diego - Carlsbad, California
Investment Insights
Based on property information with market context.
A 2020 renovation-to-suit medical facility leased on a 100% basis to Fresenius Kidney Care. The clinic is designed for kidney dialysis services and includes 16 patient stations plus one private station located in a separate room, totaling 8,960 square feet.
The property is positioned for strong access and visibility from Apalachee Parkway, described as a major east-west retail corridor. It is next to Governor’s Square mall and surrounded by national retailers including Target, Kohls, Dick’s, JC Penny, Best Buy, Starbucks, BJ’s Brewhouse, Macy’s, PetSmart, Walgreens, CVS, Applebee’s, and others.
The lease term is new, running 12 years, with rent commencement in March 2021. The lease is corporately guaranteed by Fresenius Medical Care Holdings, which is identified as having an investment grade rating of BBB- and includes scheduled 10% rent increases every five years during the primary term.
The property is positioned for strong access and visibility from Apalachee Parkway, described as a major east-west retail corridor. It is next to Governor’s Square mall and surrounded by national retailers including Target, Kohls, Dick’s, JC Penny, Best Buy, Starbucks, BJ’s Brewhouse, Macy’s, PetSmart, Walgreens, CVS, Applebee’s, and others.
The lease term is new, running 12 years, with rent commencement in March 2021. The lease is corporately guaranteed by Fresenius Medical Care Holdings, which is identified as having an investment grade rating of BBB- and includes scheduled 10% rent increases every five years during the primary term.
Key Highlights
- 2020 renovation‑to‑suit Fresenius Kidney Care clinic with 8,960 SF for kidney dialysis services
- 100% leased to Fresenius under a new 12‑year lease term with rent commencement in March 2021
- Lease is corporately guaranteed by Fresenius Medical Care Holdings; investment grade rating of BBB- with scheduled 10% rent increases every 5 years
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 32301, FL
29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - Renovated 8,960-square-foot Fresenius Kidney Care clinic with 16 patient stations and one private station under a new 12-year lease.
Where is this medical center located?
The property is located at 1407 E Lafayette St Tallahassee, FL.
What are key features of this property?
This property features: 2020 renovation‑to‑suit Fresenius Kidney Care clinic with 8,960 SF for kidney dialysis services; 100% leased to Fresenius under a new 12‑year lease term with rent commencement in March 2021; Lease is corporately guaranteed by Fresenius Medical Care Holdings; investment grade rating of BBB- with scheduled 10% rent increases every 5 years
