DaVita Dialysis

This absolute NNN DaVita is a highly strategic site located just one mile from MemorialCare Long Beach Medical Center. Featuring below market rents, a 20+ year operating history, and easy access from Interstate-405 (292,500 VPD). The subject property is the largest DaVita in Long Beach, CA, with 28 dialysis stations constantly in use 6 days a week from as early as 3:30 am till as late as 10:30 pm, emphasizing the property’s strategic importance to DaVita’s operations.

Price:

$6,068,000

Cap Rate:

5.00%

NOI:

$303,408

Category:

Office Building

Location:

Long Beach, CA

Building Size (SF):

8,400 SF

Lot Size (Acres)

0.67 AC

Built:

2002

Contact Agent:

Dave Lucas

(925) 744-5217

[email protected]

CA DRE# 01389761

NV RED# 10011411

Contact Agent:

Brandon Norton

(925) 286-5049

[email protected]

CA DRE# 01985777

ADRE# BR710308000

Highlight
Total Renal Care, Inc. has extended their lease twice during their tenancy for an additional fifteen years of primary term. The upcoming option is at 95% of Fair Market Value which represents significant upside for an investor.

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