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2834 Spring Ave SW
Decatur, AL 35603
Fresenius - Huntsville MSA · Office Property For Sale
PROPERTY FACTS
About 2834 Spring Ave SW , Decatur, AL 35603
SVN and Real Asset Management Partners is proud to present 2834 Spring Ave SW in the Hunstsville, Alabama MSA. The property is a net-leased passive investment opportunity which includes a 7,381 square foot medical office property leased to Fresenius Medical Care with 12.3 years remaining. There are three, five-year options at the end of the lease. The owner is offering a rent credit to existing NOI of $26,772 until November 2021 representing the NOI at the start of the 6th year of the lease at $294,496. The lease is corporately guaranteed by Fresenius Medical Care Holdings.
PROPERTY TAXES
| Parcel Number | 12-03-06-2-000-017.002 | Improvements Assessment | $376,532 |
| Land Assessment | $137,001 | Total Assessment | $513,533 |
PROPERTY TAXES
