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:
Brandon Norton
(925) 286-5049
brandon@monarchcommercial.comCA 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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