Property Profile

Through their industry-leading network of more than 2,200 dialysis facilities, outpatient cardiac and vascular labs, and urgent care centers, as well as the country’s largest practice of hospitalist and post-acute providers, Fresenius Medical Care provides coordinated health care services at pivotal care points for hundreds of thousands of chronically ill customers throughout the continent. As the world’s only vertically integrated renal company, they also offer specialty pharmacy and laboratory services, as well as manufacturing and distributing the most comprehensive line of dialysis equipment, disposable products and renal pharmaceuticals.

Taylorsville is situated in the heart of the Salt Lake Valley, the gateway to the state’s renowned ski resorts, scenic national parks and recreational areas and was the host city for the 2002 Winter Olympic Games. The Salt Lake City MSA has a population of more than 1,150,000 residents. In terms of job growth and economic performance, Utah ranks as the overall best performing state. Salt Lake combines the amenities of a large metro area with the opportunity to take advantage of year-round outdoor recreation within minutes in every direction. A recent Forbes report stated that “Utah is looking like the new benchmark for business and quality of life.” The Economic Report to the Governor, prepared by the Utah Economic Council, said the Beehive State should continue to have robust economic growth, positive labor market performance and an increasing number of people moving to Utah. Salt Lake City is also home to the Utah Jazz.


Property Details

Tenant:
Year Built:
Total Sq. Ft.:
Property Type:
Lease Type:
Lease Term:
Fresenius Medical Care
2016 / 2017
8,916
Single-tenant, Freestanding, Medical
Triple-Net (NNN) lease
15 Years, Three 5-year renewal options