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Single-Tenant Office Medical

Davita Dialysis - Lexington, MS

22579 Depot St, Lexington, MS 39095

Listing Price: $1,025,000

Cap Rate
7.27%
Tenant Name
Davita Dialysis
Years Remaining On Lease
7.8
Guarantor
Corporate Guarantee
Rentable SF
5,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.31

Investment Overview

Longstanding Location for Tenant (Tenant at Location Since 1993)

Early Seven Year Lease Extension (7.75 Years of Lease Term Remaining with (three) five-year options
Annual Rental Increases)

High Barrier to Entry for Competition and Limited Potential to Relocate (100% Market Share in Lexington, MS)

No Landlord Responsibilities (Certificate of Need State)

High Barrier to Entry for Competition and Limited Potential to Relocate (100% Market Share in Lexington, MS)

Only Dialysis Clinic in 25 Mile Radius (Large Format Clinic Operating 6 Days/wk.
21 Dialysis Stations)

Investment Highlights

  • Only Dialysis Clinic in 25 Mile Radius (Large Format Clinic Operating 6 Days/wk. 21 Dialysis Stations)
  • High Barrier to Entry for Competition and Limited Potential to Relocate (100% Market Share in Lexington, MS)
  • High Barrier to Entry for Competition and Limited Potential to Relocate (100% Market Share in Lexington, MS)

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Single-Tenant Office Medical

Davita Dialysis - Lexington, MS

Listing Price: $1,025,000

Cap Rate
7.27%
Tenant Name
Davita Dialysis
Years Remaining On Lease
7.8
Guarantor
Corporate Guarantee
Rentable SF
5,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.31

Investment Highlights

  • Only Dialysis Clinic in 25 Mile Radius (Large Format Clinic Operating 6 Days/wk. 21 Dialysis Stations)
  • High Barrier to Entry for Competition and Limited Potential to Relocate (100% Market Share in Lexington, MS)
  • High Barrier to Entry for Competition and Limited Potential to Relocate (100% Market Share in Lexington, MS)

Investment Overview

Longstanding Location for Tenant (Tenant at Location Since 1993) Early Seven Year Lease Extension (7.75 Years of Lease Term Remaining with (three) five-year options Annual Rental Increases) High Barrier to Entry for Competition and Limited Potential to Relocate (100% Market Share in Lexington, MS) No Landlord Responsibilities (Certificate of Need State) High Barrier to Entry for Competition and Limited Potential to Relocate (100% Market Share in Lexington, MS) Only Dialysis Clinic in 25 Mile Radius (Large Format Clinic Operating 6 Days/wk. 21 Dialysis Stations)

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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