475 40th St Ogden, UT 84403-1852

This exceptional investment opportunity presents a 9,814 square foot medical office building in South Ogden, Utah, currently leased to DaVita and Fresenius Kidney Care. The property boasts a strong net lease structure (NNN) with a corporate guarantee from Fresenius Medical Care Holdings, Inc., providing significant financial stability. Built in 2015, the building features a 6-year remaining lease term (expiring 12/31/2030) with annual rent bumps of 2%, ensuring consistent income growth. The asking price is $6,068,787, representing a 6.35% cap rate and a current NOI of $385,368. The lease includes three 5-year renewal options, further securing long-term investment value. Located at 475 40th St, South Ogden, UT 84403, the property benefits from high visibility at a major intersection with over 50,000 vehicles daily and proximity to Intermountain Health McKay-Dee Hospital and other major healthcare providers. The tenant's "essential business" model provides resilience against economic downturns. This is a rare opportunity to acquire a stable, high-performing medical office building with a strong tenant and excellent location.