Property Details

DaVita Dialysis

Dallas, TX
Property ID: 13744

Financial Summary

Asking Price $3,100,000
Cap Rate 5.50%
Net Operating Income (NOI) $170,500
Lease Type NNN
Lease Term Remaining 7+ Years
Increases 2% Annually
The Offering Memorandum for this property is no longer available.

Contact

Patrick Barnes
Principal
213.618.3826

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Highlights

  • DaVita Healthcare Partners, Inc. DaVita (S&P: BB) is ranked #181 of Fortune 500 company in 2017 that provides a variety of healthcare services to over 1.7 million patients nationwide throughout it’s operating divisions including dialysis
  • Lease structure is a NNN, with zero landlord responsibilities
  • No early termination or kick-out clause
  • 2% rent escalations annually
  • Growing Industry – There are over 495,000 ESRD dialysis patients in the U.S. which has grown at an annual compound rate of 3.8% over the last fifteen years
  • Institutional quality construction
  • Corporate guarantee

Location

805-815 N Beckley Avenue
Dallas, TX

Amanda WillisDaVita Dialysis