Freestanding Dialysis Medical
For Sale
Contact for pricing
Pending
1100 Redwood Dr., Ashland, OH 44805
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 Market132
Property Features for 1100 Redwood Dr.
General Information
Standard status
Pending
Size
6,023 SF
Lot size
1.30 Acres
Property subtype
Office
Building Details
Year Built
2007
Tenancy
Single
Listing Agency:
Marcus & Millichap - Detroit
Listed By:
David Weinberg · License #MI 6501339495
Source:
Crexi
Added: Apr 24
Changed: Aug 14
Last Checked: Aug 31 at 10:42AM
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 Marcus & Millichap - Detroit
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
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 44805, OH
31,238
Population
13,248
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
92%
High-School Grad
151.1 sq mi
ZIP Area
207
Density / Sq Mi
$62,058
Median Household Income
$35,122
Median Earnings
$835
Median Rent
$165,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
