Medical Office
For Sale
Contact for pricing
2834 Spring Ave SW, Decatur, AL 35603
Net-leased medical office occupied by Fresenius Medical Care with long-term renewal options.
Property Size7,381 SF
Days on Market145
Property Features for 2834 Spring Ave SW
General Information
Standard status
Active
Size
7,381 SF
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
Los Angeles - SVN | Rich Investment Real Estate Partners | Albee & Associates Los Angeles
Listed By:
Travis Albee · License #CA BRE 01871289
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 12:54PM
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 Los Angeles - SVN | Rich Investment Real Estate Partners | Albee & Associates Los Angeles
Investment Insights
Based on property information with market context.
This 7,381-square-foot medical office property in Decatur, Alabama, is leased to Fresenius Medical Care under a net lease. The current term has 12.2 years remaining, followed by 3 five-year renewal options. Lease economics include 10% rent increases every 5 years, with a projected cap rate of 6.7% in 2.2 years. The lease is corporately guaranteed by Fresenius Medical Care Holdings.
The property is located in Alabama, a Certificate of Need state, and the surrounding area includes multiple nursing homes within a five-mile radius. Fresenius Medical Care provides dialysis care services and renal care products, including support for chronic kidney disease. The asset is situated at 2834 Spring Ave SW in Decatur, within the Huntsville, Alabama MSA.
The property is located in Alabama, a Certificate of Need state, and the surrounding area includes multiple nursing homes within a five-mile radius. Fresenius Medical Care provides dialysis care services and renal care products, including support for chronic kidney disease. The asset is situated at 2834 Spring Ave SW in Decatur, within the Huntsville, Alabama MSA.
Key Highlights
- 7,381‑square‑foot medical office property in Decatur, Alabama
- Leased to Fresenius Medical Care under a net lease
- 12.2 years remaining on the current lease term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35603, AL
32,380
Population
14,509
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
456
Density / Sq Mi
$78,237
Median Household Income
$47,458
Median Earnings
$857
Median Rent
$235,600
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Net-leased medical office occupied by Fresenius Medical Care with long-term renewal options.
Where is this medical office space located?
The property is located at 2834 Spring Ave SW Decatur, AL.
What are key features of this property?
This property features: 7,381‑square‑foot medical office property in Decatur, Alabama; Leased to Fresenius Medical Care under a net lease; 12.2 years remaining on the current lease term
