Office Space
1031 South Madison Street Tupelo, MS 38801
Details & Description
Price: $4,931,042
    Cook & Associates Real Estate Advisors are pleased to present the Fresenius Medical Care clinic located in Tupelo, Mississippi. The subject property is a single tenant, 13,535 sq. ft, complete gut-remodel facility for Fresenius in 2018. This investment offers just under fourteen years of lease term, with 1.7% annual rental increases and a full corporate parent guarantee.Fresenius Medical Care – Lee County is ideally located within the State of Mississippi, which is only one of twelve states in the country that require a Certificate of Need for renal care facilities. This government requirement limits competition among dialysis providers and grants operation approval based strictly on the demographic needs for the services of the tenant. For the tenant, this encourages stronger commitment to a location. For the investor, this provides an extra layer of security to the investment.
    Property ID:    267110
    Property URL: melqr.com/267110
    Generated:    04-28-25
    Property Highlights
    • As of 2016, the State of Mississippi Ranked Number One in the United States
    • Located Across the Street from the North Mississippi Medical Center A 650-
    Listing Agents
    Valerie Cook
    KW Commercial
    O: 312-216-2419
    M: 312-515-1116
    valerie.cook@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Office Space / Mississippi / Tupelo / 38801 / 1031 South Madison Street

    1031 South Madison Street

    Tupelo, MS 38801

    Listing ID: 267110
    Print Single-Page Version
    1031 South Madison Street Tupelo, MS 38801 | for Sale | Photo 1
    Building Size: 13,535 SF
    Lot Size: 1.810 AC
    Land Size: 78,843 SF
    Building $/SF: $364.32
    Land $/SF: $62.54
    Price
    $4,931,042
    Property Highlights
    Fourteen Years Remaining on Initial Fifteen Year Double Net Lease
    for Kidney Disease Mortality
    NN Lease Structure Very Limited Landlord Responsibilities
    Twelve States in the Country
    Bed Regional Hospital Considered the Largest Non-Metropolitan Hospital in
    Annual Rental Increases of 1.7 Three, Five-Year Renewal Options
    As of 2016, the State of Mississippi Ranked Number One in the United States
    Full Corporate Guarantee of Fresenius Medical Care Holdings Inc.
    Located within a Certificate of Need State for Renal Failure Only one of
    Located Across the Street from the North Mississippi Medical Center A 650-
    Description

    Cook & Associates Real Estate Advisors are pleased to present the Fresenius Medical Care clinic located in Tupelo, Mississippi. The subject property is a single tenant, 13,535 sq. ft, complete gut-remodel facility for Fresenius in 2018. This investment offers just under fourteen years of lease term, with 1.7% annual rental increases and a full corporate parent guarantee.

    Fresenius Medical Care – Lee County is ideally located within the State of Mississippi, which is only one of twelve states in the country that require a Certificate of Need for renal care facilities. This government requirement limits competition among dialysis providers and grants operation approval based strictly on the demographic needs for the services of the tenant. For the tenant, this encourages stronger commitment to a location. For the investor, this provides an extra layer of security to the investment.

    CONTACT AGENT

    Attachments & Files
    fmcleecountyom032719-GTc-twQ.pdf

    Points of Interest & Demographic Radii

    Points of Interest
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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Tupelo Area Market Trends

    Listing Demographics for 1031 South Madison Street Tupelo, MS 38801

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1031 South Madison Street in Tupelo?
    The asking price for 1031 South Madison Street is $4,931,042
    What is the building size of this Office property in Tupelo, MS?
    The size of the building/unit at 1031 South Madison Street in Tupelo is 13,535 square feet
    How much land does the Tupelo, MS property at 1031 South Madison Street include?
    1031 South Madison Street in Tupelo includes 1.810 acres of land
    What kind of Office is the property at 1031 South Madison Street?
    The property at 1031 South Madison Street Tupelo, MS 38801 is listed as a Medical Office property
    What is the population within 1 mile of 1031 South Madison Street in Tupelo?
    The population within 1 mile of 1031 South Madison Street Tupelo, MS 38801 is 2,968 people.
    Who do I contact for questions about 1031 South Madison Street?
    You should contact the listing agent, Valerie Cook, for any details regarding this commercial listing.

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    Price
    $4,931,042
    Listing Agent
    Valerie Cook - CRE Agent at KW Commercial

    Valerie Cook

    KW Commercial

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