2450 Temple Ave N, Fayette, AL 35555
Built-to-suit dialysis clinic with 10 patient chairs and an extended lease term in place.
Property Features for 2450 Temple Ave N
General Information
Building Details
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Based on property information with market context.
The clinic is located on the main thoroughfare in Fayette, Alabama, positioned about one mile north of the 61-bed Fayette Medical Center. The current lease term was extended by 5 years, beginning June 1, 2017 and running through May 2022, leaving approximately 5.5 years remaining as described. The lease includes two additional 5-year options. Rent increases are provided with 2% annual increases during the base term, and a 10% increase within the first year of the new lease term.
Key Highlights
- Built‑to‑suit DaVita dialysis clinic in Fayette, AL built in 2008
- 10 patient chairs and 4,000 rentable SF on a 0.85‑acre site
- Tenant lease was extended; current term runs June 1, 2017 through May 2022 (about 5.5 years remaining)
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Demographics for 35555, AL
Market
Vacancy Rate% for Office in South region