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Virtual Drive-By

Fresenius Medical Care Modified

2802 S 6th Ave · Tucson, AZ 85713 · Dialysis

Asking price
$2,912,000
Cap rate
6.50%
NOI
$189,254

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Lease

Lease typeModified
Term remaining3.3 yrs
Expiration—
Rent bumpsOption 3 (Years 21-25): Aug 2028, Lesser of (a) FMV or (b) 2.5%. Option 4 (Years 26-30): Aug 2033, L
OptionsTwo (2) Five (5) Year
Ground lease—
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF9,369
Price / SF$311
Year built2008
Lot size0.67 ac
TypeStorefront, Freestanding
Days on market508

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​Fresenius has been operating at the location for 16 years and has previously exercised two options and has two more remaining showing their long-term commitment to the location
  • ​Outparcel to a grocery anchored center with other co-tenants including Wingstop, Little Caesars, T-Mobile, Rent-A-Center, Title Max and Jackson Hewitt
  • ​Limited landlord responsibilities allowing for a hand-off investment for an investor
  • ​Recent capital work includes parking lot reseal and stripe and two HVAC systems at Fresenius with three-phase, 5-ton RUDD commercial gas package systems
  • ​Fresenius is the world's largest provider of products and services for people with renal disease with over 4,000 dialysis centers in 50 countries
  • ​Less than 1/4 mile from Interstate 10 with over 127,000 VPD
  • ​Less than 1/2 mile from the Tucson VA Medical Center with 295 beds
  • ​Surrounding retailers in the retail corridor include Costco, Walmart, El Super, Planet Fitness, Curacao, Dave & Busters, McDonald's
  • ​Located just 3 miles from the University of Arizona with over 53,000 students and 5,200 staff
  • ​Located within a +/-15 minute drive from the top 10 employers in Tucson

Property overview

Fresenius Medical Care | 6.50 Cap | 9,369 SF | Corporate Modified NN Lease

Fresenius Medical Care is located along 6th Avenue; situated on the north side; just west of Interstate 10

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.