Single Tenant Medical Facility

Equity CRE is proud to present for sale 2412-14 & 2416 W Passyunk Avenue, a single-tenant medical facility, leased to American Access Care (operating as Azura), a Fresenius Medical Care Company, one of the world’s leading providers of dialysis and renal healthcare services with a significant national and global footprint. The property is strategically positioned along W Passyunk Avenue in South Philadelphia, a densely populated, supply-constrained infill submarket characterized by strong residential healthcare systems. The location provides essential access to a large and growing patient base, making the site highly attractive for long-term outpatient medical operations.
This offering presents investors with the opportunity to acquire a mission-critical healthcare real estate asset operated by a nationally recognized medical tenant providing non-discretionary, life sustaining services. This triple net investment provides stabilized income with the remaining lease term through 2028 with 3 options to renew, three years each. Combined with the property’s urban infill location, functional medical layout, and alignment with long-term healthcare delivery trends, 2412-14 & 2416 W Passyunk Avenue represents a compelling opportunity to acquire stable cash flow with defensive characteristics in a major Northeast market.

• Stabilized NNN Investment: Credit medical tenant leased to American Access Care (operating as Azura), a Fresenius Care Company, one of the world’s largest dialysis providers with thousands of locations globally and a long-standing operating history. Original lease term began in 2007. The agreement is now on its 4th amendment which guarantees the lease term through 2028 with 3 options to renew.
• Needs-Based Healthcare Use: Dialysis is a non-discretionary, life-sustaining service, providing strong insulation from economic cycles and retail disruption. Tenants in this industry are highly likely to exercise
  options and continue their lease.
• Strategic Location: Situated in South Philadelphia, a densely populated neighborhood with strong patient density and limited competing medical inventory. The property fronts W Passyunk Ave, a well-trafficked arterial road connecting South Philadelphia to Center City and regional highways.
• Strong Healthcare Demographic: Located in proximity to Major Healthcare systems such as Penn Medicine, Jefferson Health, and other regional healthcare employers, supporting long-term medical demand.