Single-Tenant Office Medical
DaVita Dialysis - Culpeper
430 Southridge Pkwy, Culpeper, VA 22701
Listing Price: $1,565,646
Investment Overview
Marcus & Millichap is pleased to exclusively offer a net-leased DaVita Dialysis clinic in Culpeper, Virginia. This property is corporately guaranteed by DaVita, Inc. (NYSE: DVA), with 8.5 years remaining on the lease term and a scheduled 12.5 percent rental increase on October 1, 2028. Additionally, the lease includes two five-year renewal options, each with a 10 percent rental increase at the start of the option period.
The facility underwent significant retrofit-to-suit renovations in 2018, with DaVita funding and completing all necessary improvements to meet their clinic standards. Prior to these renovations, DaVita committed to a new 15-year lease, demonstrating a strong long-term commitment to the site.
The high-volume in-center hemodialysis clinic operates six days a week, with Monday, Wednesday, and Friday offering three shifts per day from 6 a.m. to 8 p.m., and Tuesday, Thursday, and Saturday offering two shifts per day from 6 a.m. to 4 p.m. The clinic features 16 chairs, including one isolation room chair.
Located within the Southridge Office Park, which houses a mix of medical and professional tenants, the property is just 0.5 miles from UVA Health Culpeper Medical Center, a 70-bed facility. It is also 3 miles from Spring Oak Assisted Living Facility and 0.3 miles from Route 29 and James Monroe Highway, which see daily traffic counts of 15,000 and 21,000 vehicles, respectively.
The area has very limited competition, with the nearest DaVita location being roughly 30 miles away in Fredericksburg, making this the only DaVita facility within a 25-mile radius.
Investment Highlights
- Net Leased DaVita Dialysis | Corporately Guaranteed by DaVita, Inc. | NYSE: DVA
- Facility Underwent Significant Retrofit-to-Suit Renovations in 2018
- High Volume In-Center Hemodialysis Clinic | Open Six Days a Week
- Situated Within Southridge Office Park with a Mix of Medical & Professional Tenants
- Very Limited Competition in Surrounding Area
Listing Price: $1,565,646
Investment Highlights
- Net Leased DaVita Dialysis | Corporately Guaranteed by DaVita, Inc. | NYSE: DVA
- Facility Underwent Significant Retrofit-to-Suit Renovations in 2018
- High Volume In-Center Hemodialysis Clinic | Open Six Days a Week
- Situated Within Southridge Office Park with a Mix of Medical & Professional Tenants
- Very Limited Competition in Surrounding Area
Investment Overview
Marcus & Millichap is pleased to exclusively offer a net-leased DaVita Dialysis clinic in Culpeper, Virginia. This property is corporately guaranteed by DaVita, Inc. (NYSE: DVA), with 8.5 years remaining on the lease term and a scheduled 12.5 percent rental increase on October 1, 2028. Additionally, the lease includes two five-year renewal options, each with a 10 percent rental increase at the start of the option period. The facility underwent significant retrofit-to-suit renovations in 2018, with DaVita funding and completing all necessary improvements to meet their clinic standards. Prior to these renovations, DaVita committed to a new 15-year lease, demonstrating a strong long-term commitment to the site. The high-volume in-center hemodialysis clinic operates six days a week, with Monday, Wednesday, and Friday offering three shifts per day from 6 a.m. to 8 p.m., and Tuesday, Thursday, and Saturday offering two shifts per day from 6 a.m. to 4 p.m. The clinic features 16 chairs, including one isolation room chair. Located within the Southridge Office Park, which houses a mix of medical and professional tenants, the property is just 0.5 miles from UVA Health Culpeper Medical Center, a 70-bed facility. It is also 3 miles from Spring Oak Assisted Living Facility and 0.3 miles from Route 29 and James Monroe Highway, which see daily traffic counts of 15,000 and 21,000 vehicles, respectively. The area has very limited competition, with the nearest DaVita location being roughly 30 miles away in Fredericksburg, making this the only DaVita facility within a 25-mile radius.

