Asset Overview
- Price: $1,400,000
- NOI: $107,494
- Cap Rate: 7.68%
Investment Highlights
- Attractive Lease Structure with Corporate Guarantee
- Total Renal Care and Renal Treatment Centers-West, both DaVita Affiliate entities, run collaborative operations at the facility treating dialysis patients. Both leases are Guaranteed by DaVita Dialysis (NYSE: DVA).
- Recently Renewed Lease
- Having operated at this location since 2004, DaVita has recently shown continuing commitment to the site by renewing both leases. Both tenants executed new, 10-year lease extensions, commencing October 1, 2015, each with (1) One Time Early Termination Clause in 2020.
- Successful, Busy Facility
- This DaVita treatment center contains 19 dialysis stations and 4 renal beds, and operates nine hours a day, five days a week. The parking lot is expansive and includes parking/turn around room for the multiple buses that bring patients for treatment each day.
Contact Information
Will Lightfoot, CCIM
First Vice President
+1 405 607 6020
will.lightfoot@cbre.com
Brent Conway
Vice President
+1 405 607 6247
brent.conway@cbre.com
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