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Single-Tenant Office

DaVita Kidney Dialysis Center | Baton Rouge | Life-Sustaining Kidney Healthcare | Long Term Lease

7797 Howell Blvd, Baton Rouge, LA 70807

Listing Price: $3,904,710

Cap Rate
6.00%
Tenant Name
DaVita Kidney Dialysis
Years Remaining On Lease
6.3
Gross SF
6,835
Guarantor
Corporate Guarantee
Rentable SF
6,835
Price/Gross SF
$571.28
Lease Type
Double Net
Rent Per Square Feet
$34.28

Investment Overview

Baton Rouge is a city in and the capital of the U.S. state of Louisiana. Located the eastern bank of the Mississippi River, it is the parish seat of East Baton Rouge Parish, Louisiana’s most populous parish—the equivalent of counties in other U.S. states. Since 2020, it has been the 99th-most-populous city in the United States and the second-largest city in Louisiana, after New Orleans; Baton Rouge is the 18th-most-populous state capital. According to the 2020 United States census, the city-proper had a population of 227,470; its consolidated population was 456,781 in 2020. The city is the center of the Greater Baton Rouge area—Louisiana’s second-largest metropolitan area—with a population of 870,569 as of 2020, up from 802,484 in 2010. The Baton Rouge area owes its historical importance to its strategic site upon the Istrouma Bluff, the first natural bluff upriver from the Mississippi River Delta at the Gulf of Mexico. This allowed development of a business quarter safe from seasonal flooding. In addition, it built a levee system stretching from the bluff southward to protect the riverfront and low-lying agricultural areas. Baton Rouge is a major industrial, petrochemical, medical, research, motion picture, and growing technology center of the American South. It is the location of Louisiana State University—the LSU system’s flagship university and the state’s largest institution of higher education.

Investment Highlights

  • Corporate Backed Lease Featuring FMV Adjustments at Each Option. DaVita features a S&P Credit Rating of "BB" and a Moody's Rating of "Ba3" with Annual Revenues in Excess of $11.61B.
  • Providing Life Sustaining Treatments for Dialysis Patients - DaVita is one of the Nations Leading Provider of Products and Services for People with Chronic Kidney Failure.
  • Densely Populated Area - Features more than 114k People Residing within a 5-Mile Radius. Greater Baton Rouge is Louisiana's Second-Largest Metropolitan Area.
  • Adjacent to Greater Baton Rouge Surgical Hospital - a Full-Service, Acute Care Hospital that specializes in providing a wide range of Surgical Procedures, including Orthopedic, Spine, General, and Bariatric Surgery.
  • In Close Proximity to Baton Rouge Metropolitan Airport - The Airport is capable of handling both Regional and Corporate Jets with more than 51,070 Annual Aircraft Operations.
  • Positioned Along Area's Retail, Traffic & Medical Corridor - Features Easy Access & Excellent Visibility. Immediate Access to Interstate-110 and near US Hwy 190.
  • Minutes from Southern University and A&M College - it is the Largest Historically Black College or University (HBCU) in Louisiana with more than 7,000 Students Currently Enrolled. Near Baton Rouge Health Care Center, Provisions Residential Care, and River Oaks Estate - offer Short-Term Rehabilitation, Long-Term Care, and are Assisted Living and Memory Care Communities.

Exclusively Listed By

Financing By

Single-Tenant Office

DaVita Kidney Dialysis Center | Baton Rouge | Life-Sustaining Kidney Healthcare | Long Term Lease

Listing Price: $3,904,710

Cap Rate
6.00%
Tenant Name
DaVita Kidney Dialysis
Years Remaining On Lease
6.3
Gross SF
6,835
Guarantor
Corporate Guarantee
Rentable SF
6,835
Price/Gross SF
$571.28
Lease Type
Double Net
Rent Per Square Feet
$34.28

Investment Highlights

  • Corporate Backed Lease Featuring FMV Adjustments at Each Option. DaVita features a S&P Credit Rating of "BB" and a Moody's Rating of "Ba3" with Annual Revenues in Excess of $11.61B.
  • Providing Life Sustaining Treatments for Dialysis Patients - DaVita is one of the Nations Leading Provider of Products and Services for People with Chronic Kidney Failure.
  • Densely Populated Area - Features more than 114k People Residing within a 5-Mile Radius. Greater Baton Rouge is Louisiana's Second-Largest Metropolitan Area.
  • Adjacent to Greater Baton Rouge Surgical Hospital - a Full-Service, Acute Care Hospital that specializes in providing a wide range of Surgical Procedures, including Orthopedic, Spine, General, and Bariatric Surgery.
  • In Close Proximity to Baton Rouge Metropolitan Airport - The Airport is capable of handling both Regional and Corporate Jets with more than 51,070 Annual Aircraft Operations.
  • Positioned Along Area's Retail, Traffic & Medical Corridor - Features Easy Access & Excellent Visibility. Immediate Access to Interstate-110 and near US Hwy 190.
  • Minutes from Southern University and A&M College - it is the Largest Historically Black College or University (HBCU) in Louisiana with more than 7,000 Students Currently Enrolled. Near Baton Rouge Health Care Center, Provisions Residential Care, and River Oaks Estate - offer Short-Term Rehabilitation, Long-Term Care, and are Assisted Living and Memory Care Communities.

Investment Overview

Baton Rouge is a city in and the capital of the U.S. state of Louisiana. Located the eastern bank of the Mississippi River, it is the parish seat of East Baton Rouge Parish, Louisiana’s most populous parish—the equivalent of counties in other U.S. states. Since 2020, it has been the 99th-most-populous city in the United States and the second-largest city in Louisiana, after New Orleans; Baton Rouge is the 18th-most-populous state capital. According to the 2020 United States census, the city-proper had a population of 227,470; its consolidated population was 456,781 in 2020. The city is the center of the Greater Baton Rouge area—Louisiana’s second-largest metropolitan area—with a population of 870,569 as of 2020, up from 802,484 in 2010. The Baton Rouge area owes its historical importance to its strategic site upon the Istrouma Bluff, the first natural bluff upriver from the Mississippi River Delta at the Gulf of Mexico. This allowed development of a business quarter safe from seasonal flooding. In addition, it built a levee system stretching from the bluff southward to protect the riverfront and low-lying agricultural areas. Baton Rouge is a major industrial, petrochemical, medical, research, motion picture, and growing technology center of the American South. It is the location of Louisiana State University—the LSU system’s flagship university and the state’s largest institution of higher education.

Exclusively Listed By

Financing By

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