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| Price $10,065,000 | Built/Renov 2023 | Tenant Fresenius Medical Care (LH) |
| Cap Rate 7.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,667
| Lease Start
01-09-2023
| #Units
4,171
|
| Price/SF $943.56 | Expiration
01-31-2043
| Tenant Type Medical/Health |
| NOI $754,721 | R. Term 18.2 | Ownership Leasehold |
| Rent/SF
$70.75
| Increases 1.5%/1/yrs | Pop 5Mi 50,320 |
| Lot/AC 0.80 | Options 6/5yrs/1.5% | AHHI 5Mi $85,336 |
| | |
Fresenius is strategically located at the hard corner intersection of Kinole Street and W Lanikaula, with access to a combined daily traffic count of 15,187 vehicles. The property is conveniently close to the University of Hawaii, Hawaii Community College, Waiakea High School, Fresenius Medical Care, and other nearby institutions. National tenants in the area include 7-Eleven, 76 Gasoline, CVS...
...New construction
Hard corner intersection
Near major nationals
Strategically located
Affluent suburb location
Long 20+ yr lease
Absolute NNN
Annual rent increases
Traded and rated company
Corporate Guarantee
Fresenius Medical Care AG & Co. KGaA is a German healthcare company that provides kidney dialysis services through a network of 4,171 outpatient dialysis centers, serving 345,425 patients....
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 9,090 | 37,302 | 46,053 |
| 2023 Total Population : | 8,824 | 36,595 | 45,161 |
| 2023 Employed Civilian Pop : | 3,146 | 16,629 | 20,557 |
| 2023 Total Businesses : | 1,047 | 2,309 | 2,428 |
| 2023 Average Household Income : | $ 62,919 | $ 97,613 | $ 101,864 |
| 2023 Total Consumer Spending : | $ 179 M | $ 1131 M | $ 1445 M |
| 2023 Median Age : | 32 | 43 | 43 |
| 2023 Total Households : | 3,252 | 13,479 | 16,501 |
| 2023 Pop Age 25+: Bachelor's Degree : | 933 | 5,870 | 7,362 |
| 2023 Average Home Value : | $ 424,003 | $ 570,766 | $ 597,641 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Kinou02bbole Street | W Kahaopea St | 2021 | 10,200 | 0.04 mi |
| Kinou02bbole Street | W Lanikaula St | 2019 | 10,100 | 0.04 mi |
| West Lanikaula Street | Ululani St | 2021 | 4,480 | 0.06 mi |
| West Kawili Street | Kinoole St | 2021 | 9,600 | 0.26 mi |
| West Kawili Street | Kapiolani St | 2019 | 12,500 | 0.26 mi |
| E Kawili St | Kilauea Ave | 2018 | 2,400 | 0.30 mi |
| Kamehameha Highway | 2018 | 16,900 | 0.38 mi | |
| Kamehameha Highway | 2018 | 55,800 | 0.42 mi | |
| Kilauea Ave | Kekuanaoa St | 2018 | 9,700 | 0.43 mi |
| Manono Street | Leilani St | 2019 | 10,500 | 0.51 mi |
Philadelphia, PA
Cap Rate 6.88%
Lease Abs NNN
R. Term 15.30 yrs
Size/SF 6,500
Jackson, TN
Cap Rate 7.00%
Lease NN+
R. Term 7.90 yrs
Size/SF 40,576
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
