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5316 Hoag Dr
Elyria, OH 44035

$2,233,489 USD

Office For Sale  •  8,156 SF

Property Details

  • Property Type Office
  • Total Building Size 8,156 SF
  • Lot Size 1.25 AC
  • Building Class B
  • Year Built 1996
  • Tenancy Single
50 Walk Score

Highlights

Long Lease Term – There is approximately 8.9 years remaining on the current term of the lease.
Nearly 30-Year Operating Tenure at This Location – Tenant has been operating at this location for ~30 years.
Tenant recently exercised an early lease extension – In 2023, Fresenius executed a new 10-year lease running through February 28, 2035.
Sticky Tenant – ESRD patients require dialysis three times per week for life — missing sessions can be fatal.
Above Average Dialysis Stations Location – With 20 in-center dialysis stations, this facility exceeds the national average.
Long-Standing CMS Medicare Certification — This facility holds active CMS Medicare certification

Public Transportation

Commuter RailDriveWalkDistance
8 min - 4.4 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 31 min - 18.6 mi
Alexander Machado 305-905-3215 Matthews Real Estate Investment Services
Alexander Machado 305-905-3215 Matthews Real Estate Investment Services