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Single-Tenant Office Medical

DaVita Four Corners Dialysis Center | Adjacent to 198-Bed Hospital

801 W Broadway, Farmington, NM 87401

Listing Price: $3,018,000

Cap Rate
7.00%
Tenant Name
DaVita Dialysis
Years Remaining On Lease
2.7
Guarantor
Corporate Guarantee
Rentable SF
11,400
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.53

Investment Overview

11,400 SF DaVita Dialysis Center Situated on a Hard Corner at Signalized Intersection, Adjacent to San Juan Regional Medical Center in Farmington, NM.

Investment Highlights

  • 11,400 SF DaVita Dialysis Center | Build-To-Suit for DaVita in 2004
  • Corporate Guaranteed NNN Lease | Landlord Responsibilities Limited to an Annual $2K HVAC Contribution
  • Lease Boasts 2% Annual Rent Increases | Provides a Strong Hedge Against Inflation
  • Low Rent Per Square Foot - $18.53/SF NNN
  • DaVita Extended Their Lease Early in 2012 for 12 Years – Demonstrating a Strong Commitment to this Location
  • 36 Stations On-Site | Treatment Options: In-Center Hemo/PD Services | Open Monday Through Saturday From 7 AM – 10:30 PM
  • DaVita Dialysis 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

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Single-Tenant Office Medical

DaVita Four Corners Dialysis Center | Adjacent to 198-Bed Hospital

Listing Price: $3,018,000

Cap Rate
7.00%
Tenant Name
DaVita Dialysis
Years Remaining On Lease
2.7
Guarantor
Corporate Guarantee
Rentable SF
11,400
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.53

Investment Highlights

  • 11,400 SF DaVita Dialysis Center | Build-To-Suit for DaVita in 2004
  • Corporate Guaranteed NNN Lease | Landlord Responsibilities Limited to an Annual $2K HVAC Contribution
  • Lease Boasts 2% Annual Rent Increases | Provides a Strong Hedge Against Inflation
  • Low Rent Per Square Foot - $18.53/SF NNN
  • DaVita Extended Their Lease Early in 2012 for 12 Years – Demonstrating a Strong Commitment to this Location
  • 36 Stations On-Site | Treatment Options: In-Center Hemo/PD Services | Open Monday Through Saturday From 7 AM – 10:30 PM
  • DaVita Dialysis 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

Investment Overview

11,400 SF DaVita Dialysis Center Situated on a Hard Corner at Signalized Intersection, Adjacent to San Juan Regional Medical Center in Farmington, NM.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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