3107 Edgewood Ave W Jacksonville, FL 32209

Listing details for 3107 Edgewood Ave W, Jacksonville, FL 32209 : TURN KEY OPPORTUNITY FOR INVESTORS! - 11 Years Remaining in 15 year lease - NNN Lease - CAP RATE: 5.94% -NOI: $359,196 Subject offering is a fee simple interest, leased to Fresenius Kidney Care. Fresenius is the largest dialysis company in the world. The demand for dialysis is growing faster in Jacksonville, FL then anywhere else in the nation. Minimal landlord obligations. The tenant has 1.7% annual increases in rent & three 5 year options to renew. Each of the 3 options rent increases by 10%. There is a 15 year roof warranty. The building was build-to-suit for Fresenius in 2016 in a thriving area of Jacksonville FL. It consists of 17 chairs/stations serving between 90 - 110 patients. The facility was at capacity within 18 months. See mls#1036246 for 2nd building fo fo