Net-Leased Dialysis Clinic
172 Three Rivers Dr Rome, GA 30161
172 Three Rivers Dr, Rome, GA, 30161
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For Sale
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Two purpose-built dialysis clinic facilities are net leased to a Fresenius Medical Care subsidiary under double-net terms.
Property Size14,286 SF
Price / SF$313.93
Days on Market94
Property Features for 172 Three Rivers Dr
General Information
- Standard status
- Active
- Size
- 14,286 SF
- Property subtype
- Office
Listing agency
Northmarq Capital, LLC
Listed by
Scott Briggs · License #OK 160500
Source
Crexi
Added: Apr 20 Updated: Jul 22 at 4:45AM Checked: Jul 22 at 4:45AM
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 Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
Northmarq is pleased to offer for sale a two-property, single-tenant dialysis clinic portfolio. The buildings are purpose-built medical facilities constructed to tenant specifications and operated as kidney care clinics.
The properties are net leased to Bio-Medical Applications of Georgia, Inc., a Fresenius Medical Care subsidiary. The portfolio is supported by double net leases with 2% annual rent escalations, recent early lease extensions, and a weighted average remaining lease term of approximately 7.6 years, along with long-term renewal options.
Each asset is part of a single-tenant structure, reflecting tenant-specific medical clinic buildout and operational use as dialysis facilities.
The properties are net leased to Bio-Medical Applications of Georgia, Inc., a Fresenius Medical Care subsidiary. The portfolio is supported by double net leases with 2% annual rent escalations, recent early lease extensions, and a weighted average remaining lease term of approximately 7.6 years, along with long-term renewal options.
Each asset is part of a single-tenant structure, reflecting tenant-specific medical clinic buildout and operational use as dialysis facilities.
Key Highlights
- Two purpose‑built dialysis clinic facilities in a single‑tenant portfolio
- Net leased to Bio‑Medical Applications of Georgia, Inc., a Fresenius Medical Care subsidiary
- Double‑net lease structure for predictable income
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 | $308.6k | $21.60 |
| − Vacancy | −$32.4k | −$2.27 |
| EGI | $276.2k | $19.33 |
| − OpEx | −$110.5k | −$7.73 |
| NOI | $165.7k | $11.60 |
14,286 SF · lease $21.60/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.37M
$2.07M – $2.76M
NOI $165,706 @ 7.0% cap · market cap 3.69%
Second Best
Office B
$1.68M
$1.47M – $1.96M
NOI $117,337 @ 7.0% cap · market cap 2.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fresenius Kidney Care ...
Medical Clinic
Harbin Clinic Dialysis ...
Physician
Meridien Laboratory
Medical Laboratory
Javier Azcarate
Physician
Marcy Pugliese
Physician
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FAQs
What type of property is this?
Medical center - Two purpose-built dialysis clinic facilities are net leased to a Fresenius Medical Care subsidiary under double-net terms.
Where is this medical center located?
The property is located at 172 Three Rivers Dr Rome, GA.
What is the asking price?
The asking price for this property is $4,484,846.
What are key features of this property?
This property features: Two purpose‑built dialysis clinic facilities in a single‑tenant portfolio; Net leased to Bio‑Medical Applications of Georgia, Inc., a Fresenius Medical Care subsidiary; Double‑net lease structure for predictable income
