Key Investment Highlights
- Nationally Recognized Tenant – DaVita Healthcare Partners are the industry leader in renal care across the country and is rated BB Stable by Standard and Poors.
- Prime Location – Located on an outparcel to the 325,000 square foot Cold Springs Crossing, DaVita benefits from its location in relation to national anchor retailers Kroger, Home Depot and Kohl’s. The property enjoys traffic counts of nearly 31,000 cars per day along Alexandria Pike and just under 18,000 cars per day along AA Highway.
- Limited Competition – The Property represents the only DaVita Dialysis or Fresenius Medical Care facility in Campbell County.
- Passive Investment – With DaVita being on a double net lease, the Property offers investors the opportunity to purchase an asset that has very limited responsibilities.
- Blend and Extend – With one and a half years remaining on the lease term, potential investors will have the opportunity to purchase the property at a more favorable cap rate than if there to be a longer term and then extend DaVita when the times comes.
- Exchange – Ideal property to accommodate a 1031 Exchange.
For more information on DaVita Dialysis, please visit our website at: https://www.cbremarketplace.com/listings/20971/default.aspx
Property Summary
Price: $950,400
Size: 4,800 SF
Cap Rate: 10.00%
Contacts
Hank Davis
Investment Properties
+1 513 369 1308
hank.davis@cbre.com
Keith Yearout
Investment Properties
+1 513 369 1334
keith.yearout@cbre.com
Jim Vondran
Investment Properties
+1 513 369 1300
jim.vondran@cbre.com
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