Single-Tenant Office Medical
DaVita
1949 E 23rd Ave S, Fremont, NE 68025
Listing Price: $2,106,414
Investment Overview
Marcus & Millichap is pleased to present this 7,011 square foot finish to suit facility for DaVita Kidney Care. Located in Fremont, Nebraska this attractive freestanding medical office building situated on 1.60 +/- acres was carefully site selected by DaVita. The tenant currently has five years and five months remaining on the recently executed five year lease extension. During the term of the lease there will be 3.00 percent annual rental increases. The strength of DaVita as the tenant with a guarantee from DVA Renal Healthcare, Inc. allows for a strong, low risk investment.
This DaVita dialysis facility benefits from being located just 1.2 miles from the 81 bed Methodist Fremont Health Medical Center. Furthermore, the facility is located within close proximity to 10+ assisted living/ retirement facilities showing a strong presence of elderly people in the area, creating synergy for the
tenant. DaVita operating 6 days per week approximately sixty hours per week illustrates the underlying need for dialysis treatment at this clinic while enabling the flexibility for the tenant to add additional shifts over time.
DaVita
Investment Highlights
- 2008 Finish-to-Suit Construction Single Tenant Medical Office
- Original Fifteen-Year Lease Term Commenced 2008
- 5 Years & 5 Months Remaining on Five-Year Extension
- Rare 3.00 Percent Annual Rental Increases
- Operating 6 Days Per Week Approximately 60 Hours Per Week
- Close Proximity to Hospital & Several Assisted Living Facilities
- Guarantor - DVA Renal Healthcare, Inc.
- Three Five-Year Options to Renew
Broker of Record
Listing Price: $2,106,414
Investment Highlights
- 2008 Finish-to-Suit Construction Single Tenant Medical Office
- Original Fifteen-Year Lease Term Commenced 2008
- 5 Years & 5 Months Remaining on Five-Year Extension
- Rare 3.00 Percent Annual Rental Increases
- Operating 6 Days Per Week Approximately 60 Hours Per Week
- Close Proximity to Hospital & Several Assisted Living Facilities
- Guarantor - DVA Renal Healthcare, Inc.
- Three Five-Year Options to Renew
Investment Overview
Marcus & Millichap is pleased to present this 7,011 square foot finish to suit facility for DaVita Kidney Care. Located in Fremont, Nebraska this attractive freestanding medical office building situated on 1.60 +/- acres was carefully site selected by DaVita. The tenant currently has five years and five months remaining on the recently executed five year lease extension. During the term of the lease there will be 3.00 percent annual rental increases. The strength of DaVita as the tenant with a guarantee from DVA Renal Healthcare, Inc. allows for a strong, low risk investment. This DaVita dialysis facility benefits from being located just 1.2 miles from the 81 bed Methodist Fremont Health Medical Center. Furthermore, the facility is located within close proximity to 10+ assisted living/ retirement facilities showing a strong presence of elderly people in the area, creating synergy for the tenant. DaVita operating 6 days per week approximately sixty hours per week illustrates the underlying need for dialysis treatment at this clinic while enabling the flexibility for the tenant to add additional shifts over time.
Broker of Record
