Single-Tenant Office Medical
DAVITA KIDNEY CARE
195 bunting drive, Ozark, AL 36360
Listing Price: $3,682,000
Cap Rate
6.00%
Tenant Name
DAVITA KIDNEY CARE
Years Remaining On Lease
7.3
Gross SF
7,576
Guarantor
Corporate Guarantee
Rentable SF
7,576
Price/Gross SF
$486.01
Lease Type
Double Net
Rent Per Square Feet
$29.16
Investment Overview
OZARK IS THE COUNTY SEAT OF DALE COUNTY, ALABAMA NEAR OZARK PEDIATRIC CLINIC AND DALE MEDICAL CENTER OVER 13,900 RESIDENTS WITHIN FIVE MILES / AVERAGE HOUSEHOLD INCOME OF $54,982 WITHIN FIVE MILES
DAVITA KIDNEY CARE
Investment Highlights
- CORPORATE GUARANTEE - DAVITA, INC - 2,776 OUTPATIENT DIALYSIS CENTERS
- PUBLIC COMPANY: NYSE (DVA)
- BUILD-TO-SUIT CLINIC - OPERATED SINCE 2015
- ABOUT 7 ½ YEARS REMAIN
- 10% RENTAL INCREASES EVERY FIVE YEARS (NEXT ON 10/4/2025)
- TWO – FIVE YEAR OPTIONS WITH RENT INCREASES
- DOUBLE-NET LEASE - VERY LIMITED LANDLORD RESPONSIBILITIES
Broker of Record
Financing By
Listing Price: $3,682,000
Cap Rate
6.00%
Tenant Name
DAVITA KIDNEY CARE
Years Remaining On Lease
7.3
Gross SF
7,576
Guarantor
Corporate Guarantee
Rentable SF
7,576
Price/Gross SF
$486.01
Lease Type
Double Net
Rent Per Square Feet
$29.16
Investment Highlights
- CORPORATE GUARANTEE - DAVITA, INC - 2,776 OUTPATIENT DIALYSIS CENTERS
- PUBLIC COMPANY: NYSE (DVA)
- BUILD-TO-SUIT CLINIC - OPERATED SINCE 2015
- ABOUT 7 ½ YEARS REMAIN
- 10% RENTAL INCREASES EVERY FIVE YEARS (NEXT ON 10/4/2025)
- TWO – FIVE YEAR OPTIONS WITH RENT INCREASES
- DOUBLE-NET LEASE - VERY LIMITED LANDLORD RESPONSIBILITIES
Investment Overview
OZARK IS THE COUNTY SEAT OF DALE COUNTY, ALABAMA NEAR OZARK PEDIATRIC CLINIC AND DALE MEDICAL CENTER OVER 13,900 RESIDENTS WITHIN FIVE MILES / AVERAGE HOUSEHOLD INCOME OF $54,982 WITHIN FIVE MILES
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
Financing By
