141 Gateway Drive, Brandon, MS 39042

Choose nearby businesses to show on the map:

Building Details:

Location: 141 Gateway Drive, Brandon, MS 39042

Building: 6,671 RSF; 5,000 SF +/- Originally Built in 1995 with a 1,671 SF addition constructed in 2007

Site: 28,837 +/- SF Concrete Parking with 29 Spaces

Asking Price: $899,000 Under $135/SF

Lease Term: 10 Year Lease commenced on August 1, 2007 (Tenant since 2002)

In-Place NOI: $73,230 (Based on August 1, 2012 Rent Increase)

CAP Rate: 8.15%

Tenant: Fresenius Medical Care (NYSE: FMS) S&P Rated BB+ . Largest US Provider of Dialysis Services and Products, with over 2,700 clinic locations worldwide

Rental Rate: $12.50/SF (Increases to $13.13/SF on 8-1-12), Tenant is Responsible for Increase in Taxes & Insurance over 2002 Base Year. 2011 Overage: $ 7,985.36 (Billed and Received)