2978 Mattox Street, Tupelo, MS 38801
Single-tenant Fresenius Medical Care facility built-to-suit in 2009, offering remaining lease term with scheduled rent increase.
Property Features for 2978 Mattox Street
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Investment Insights
Based on property information with market context.
The clinic is located in Tupelo, Mississippi. The public remarks note that Mississippi is one of twelve states that require a Certificate of Need for renal care facilities, which is described as limiting competition among dialysis providers and tying operational approval to demographic needs.
The offering is presented as an investment anchored by the existing tenant and the stated lease term and rental schedule.
Key Highlights
- Single‑tenant Fresenius Medical Care clinic: 17,152 SF build‑to‑suit facility for Fresenius.
- Built in 2009 as a build‑to‑suit facility for the tenant, Fresenius Medical Care.
- Lease has 5.5 years of term remaining, with a 10% rental increase scheduled for November 2019.
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Demographics for 38801, MS