Fresenius Medical Care in Elkins, WV

100 Main St, Elkins, WV



Size:8,500 SF


CAP RATE:6.25%




• Building constructed in 2001
• ±44 Surface parking spaces
• Located in Certificate of Need (CON) state, which provides substantial security for a potential investor
• NNN Lease structure
• Lease commencement date: 10/26/2001
• Lease expiration date: 7/31/2027
• Original lease term was 10 years
• Lease was recently extended for 5 years

InCommercial Property Group is pleased to offer the opportunity to acquire a Fresenius Medical Care clinic in Elkins, West Virginia. The one acre property with one-story 8,500 SF building is located on Main St just west of the corner at Martin St. Priced at $2,146,080 with a 6.25% cap rate, the NNN lease runs through July 31, 2027. The site conveniently sits across the street from Davis Medical Center and Hospital, in the heart of Elkins, WV, home to many excellent national tenants. The clinic operates two shifts a day Monday through Saturday on 17 stations, with opportunity to grow to 21 stations. Fresenius Medical Care (NYSE: FMS) is the world’s largest dialysis provider, operating over 2,200 facilities and is a Fortune 500 company with a $26 Billion market cap. The Company currently holds an S&P credit rating of BBB- (Investment Grade Credit).