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Satellite Healthcare & Vitality Pharmacy

210 Blue Ravine Rd, Folsom, CA 95630

Listing Price: $5,250,000

Cap Rate
4.68%
Gross SF
11,133
Rentable SF
11,133
Price/Gross SF
$471.57
Lot Size
0.26 acres
Year Built
2007

Investment Overview

Satellite Healthcare, Inc. has been among the nation's leading non-profit providers of kidney dialysis and related services since 1974 and is dedicated to maintaining a workforce that mirrors its diverse communities. Through its affiliated services, Satellite WellBound, Satellite Dialysis, and Satellite research, Satellite Healthcare provides unparalleled kidney care services addressing patient wellness education, chronic kidney care management, and personalized clinical services. It focuses on the imperatives of value-based care, high quality, cost management, access to kidney care services, and emphasizing the importance of Home Dialysis therapies. Satellite Healthcare has more than 90 dialysis centers across five states and partners with prominent integrated care groups, nephrologists, hospital and health care systems in the United States, including an innovative joint venture with CVS Kidney Care. Satellite Healthcare’s well-recognized mission of “making life better for those living with kidney disease” includes an enduring commitment to philanthropy and community service, from funding millions of dollars in research grants to sponsoring kidney programs nationwide.

Investment Highlights

  • Minimal Landlord Management Responsibilities - NNN Leases
  • Affluent Market Surroundings - average household income exceeds $120k within 1- mile, 3-mile and 5-mile radius of subject property
  • Tenant Improvements - Satellite Healthcare spent over $1.5 million to build out their space to the tenant's exact specs
  • Limited Competition in Area - only one other dialysis clinic within five miles of subject property
  • Aging Demographics - over 35% of the population within a 3-mile radius is over 50 years old

Exclusively Listed By

Shopping Strip

Satellite Healthcare & Vitality Pharmacy

Listing Price: $5,250,000

Cap Rate
4.68%
Gross SF
11,133
Rentable SF
11,133
Price/Gross SF
$471.57
Lot Size
0.26 acres
Year Built
2007

Investment Highlights

  • Minimal Landlord Management Responsibilities - NNN Leases
  • Affluent Market Surroundings - average household income exceeds $120k within 1- mile, 3-mile and 5-mile radius of subject property
  • Tenant Improvements - Satellite Healthcare spent over $1.5 million to build out their space to the tenant's exact specs
  • Limited Competition in Area - only one other dialysis clinic within five miles of subject property
  • Aging Demographics - over 35% of the population within a 3-mile radius is over 50 years old

Investment Overview

Satellite Healthcare, Inc. has been among the nation's leading non-profit providers of kidney dialysis and related services since 1974 and is dedicated to maintaining a workforce that mirrors its diverse communities. Through its affiliated services, Satellite WellBound, Satellite Dialysis, and Satellite research, Satellite Healthcare provides unparalleled kidney care services addressing patient wellness education, chronic kidney care management, and personalized clinical services. It focuses on the imperatives of value-based care, high quality, cost management, access to kidney care services, and emphasizing the importance of Home Dialysis therapies. Satellite Healthcare has more than 90 dialysis centers across five states and partners with prominent integrated care groups, nephrologists, hospital and health care systems in the United States, including an innovative joint venture with CVS Kidney Care. Satellite Healthcare’s well-recognized mission of “making life better for those living with kidney disease” includes an enduring commitment to philanthropy and community service, from funding millions of dollars in research grants to sponsoring kidney programs nationwide.

Exclusively Listed By

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