The Calexico Fresenius (FMC) Clinic is a 2013 build-to-suit kidney dialysis clinic that is 100% leased to Fresenius Medical Care North America (FMC) on a 15-year lease term, with lease term extending to the end of 2028. The lease includes 1.7% annual increases and is guaranteed by Fresenius Medical Care Holdings, Inc (FMCH). This facility consists of 11,553 square feet and is situated on 1.54 Acres. The property was an up leg to a 1031 exchange by Bedrock’s primary capital partner.
FMC is a wholly owned subsidiary of Fresenius Medical Care AG & Co. KGaA, which is the world’s largest integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects more than 1,890,000 individuals worldwide. The parent company is listed on both the Frankfurt Stock Exchange and the New York Stock Exchange (NYSE: FMS).
The Calexico FMC Clinic has a central location within the Imperial Valley, just 2.1 miles from Calexico International Airport, and features easy access to Interstate 8. The building is located on Birch Street / CA Highway 98, a primary east/west arterial, and just east of Imperial Avenue / CA Highway 111, a primary north/south corridor. The property is located in immediate proximity to the Calexico Outpatient Clinic, a branch of the El Centro Medical Center, as well as Calexico Health Center, a full service health center office, open 24 hours per day, seven days per week.
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