7780 Ludington Lane, Irondale, AL 35210
2017 build-to-suit dialysis clinic is 100% leased to Fresenius Medical Care North America under a new 15-year term.
Property Features for 7780 Ludington Lane
General Information
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Building Details
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Investment Insights
Based on property information with market context.
The property offers visibility and access from Interstate 20 (traffic count: 56,830 VPD). It is surrounded by residential neighborhoods and national retailers, including multiple power centers anchored by Home Depot and Wal-Mart. Additional national retailers in the area include Aldi, Publix, Chick-fil-A, and Starbucks. The clinic is also located in very close proximity to Trinity Medical Center, a 379-bed facility.
Alabama is a Certificate of Need (CON) state, which creates barriers to entry for competitors by requiring coordinated planning for new healthcare services and construction. Fresenius Medical Care North America’s parent, Fresenius Medical Care AG & Co. KGaA, is listed on the Frankfurt Stock Exchange and the NYSE (FMS).
Key Highlights
- 2017 build‑to‑suit Birmingham Fresenius Clinic with 10,311 SF and a private station in a separate room
- 100% leased to Fresenius Medical Care North America under a new 15‑year lease term (rent commenced May 2017)
- Dialysis clinic serving patient stations totaling 10,311 SF, plus 1 private station located in a separate room
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Trade Area within ½ mile
Demographics for 35210, AL