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 |
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
