602 W 1st St
Deridder, LA 70634

Peranich Huffman Net Lease Group is pleased to offer for sale, the single-tenant net leased Fresenius Medical Care of Deridder, Louisiana. The newly renovated 8,800 square foot, state-of-the-art freestanding facility is one of only two dialysis facilities within a 45 mile radius. The facility consists of 19 patient stations, making it the largest operation throughout all of Beauregard Parish. TERM & GUARANTY. The new 15-Year lease is Corporately Guaranteed by Fresenius’ parent company, Fresenius Medical Care Holdings, Inc. (“FMCH”) which shall commence in on July 29th, 2020. The lease provides for scheduled rent increases of 10% every 5-Years during the primary term, with (3) 5-Year options to renew thereafter. LOCATION. The clinic is exceptionally positioned within a half-mile of the Beauregard Health System (“BHS”), a 49-bed acute care facility. BHS concentrates on over 18 practice specialties, including a 24-Hour Emergency Department & Surgical ICO. Furthermore, the subject property is located along Highway 190, Deridder’s main thoroughfare, with average traffic counts exceeding 15,000 vehicles per day. INVESTMENT GRADE TENANT. Fresenius Medical Care is the largest provider of renal care in both the United States and across the world. Fresenius delivers services to patients with chronic kidney failure and end stage renal disease. Fresenius has a net worth exceeding $22.50 billion and currently holds S&P’s Investment Grade credit rating of “BBB Stable”. NET LEASE STRUCTURE. The lease is structured on a net basis, whereby Tenant is responsible for all expenses relating to property taxes, utilities, insurance premiums, landscaping & janitorial services, as well as the repair and maintenance of the (i) parking lot, (ii) HVAC units, and (iii) all interior portions of the premises. The Landlord is solely responsible for capital expenditures resulting from the replacement of the roof, HVAC, and parking lot.