• ​12.25 years remaining on a 15-year lease term.
  • ​Scheduled 10% rent increases every five years plus three, 5-year options provide attractive rent growth during the lease term.
  • ​2018 built-to-suit construction for Fresenius Kidney Care
  • ​Recession Resistant Tenant
  • ​Given the nature of the product, healthcare related real estate has been the least affected by economic recession and demand of e-commerce.
  • ​Fresenius Kidney Care has an S&P investment grade rating of BBB- and has a net worth of $10.144 Billion
  • ​Excellent infill New Orleans location, situated on the corner of busy Louisiana Avenue (27,536 VPD) and Freret Street (6,562 VPD). Louisiana Avenue connects to S. Claireborne Ave, the major throughway of New Orleans which connects traffic to Interstate 10.
  • ​0.3 miles from Oschner Baptist hospital (83 beds), 0.9 miles from Touro Infirmary Health (365 patient beds), and 2 miles from University Hospital, the largest hospital in New Orleans (446 patient beds).
  • ​Located in New Orleans Uptown District. New Orleans is described as “the most unique” city in the United States, with a total population of 390,418.
  • ​Strong Demographics, average household income exceeds $72K within a 1 and 3-mile radius and population within a 1-mile radius exceeds 30k residents, within a 3-mile radius population exceeds 168K residents and within a 5-mile radius 364k residents.

Click Here to View Offering Memorandum