Single Tenant NNN Davita Dialysis | Corporate Sale-Leaseback

Retail-Commercial for Sale
Catylist Listing ID: 30150715
Property Subtypes: Free-Standing Building
Building Size (RSF): 6,700 SF
Gross Building Area: See Agent
Sale Price: $2,970,100
Unit Price: $443.30 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Sale/Leaseback
Cap Rate: 5.85%
Last Updated: 12/10/2018

Overview / Comments

Investment Highlights
■■ Brand New 15-Year Corporate Sale-Leaseback Opportunity
■■ 10 Percent Rent Increases Every Five Years
■■ Two, Five-Year Renewal Options
■■ Corporate Lease Guaranteed by DaVita Incorporated
■■ Nearest Freestanding Dialysis Clinic Located More Than 35 Miles Away
■■ Very Limited Landlord Responsibilities
■■ Located Less Than One Mile From the Area’s Major Hospital, Artesia General Hospital
■■ New Cutting-Edge, Cost and Energy Efficient 2017 Construction

Attachments & Media

Additional Details

Nearest MSA: Carlsbad-Artesia
County: Eddy
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,672 13,107 14,455
Median Age: 34.1 34.37 34.36
Households: 2,169 4,801 5,276


Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
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