Single-Tenant Office Medical
DaVita Dialysis
1615 Eastchester Rd, The Bronx, NY 10461
Listing Price: $4,116,442
Investment Overview
This net-leased DaVita Dialysis facility offers a stable, long-term investment in the New York City MSA, with five years of lease term remaining and a 10% rent increase scheduled for 2025. Backed by a corporate guarantee from DaVita, Inc., the clinic has operated at this location since 1995 and continues to serve as a high-volume dialysis center, open six days a week with 24 treatment chairs. Positioned in a thriving medical corridor, the property is surrounded by five major hospitals within one mile, including Montefiore Medical Park and Jacobi Medical Center, as well as Albert Einstein College of Medicine and Mercy University. Additionally, the 6,000+ SF of underutilized space presents an add-value opportunity for repositioning or new tenancy, further enhancing potential returns. With strong demographics, excellent transportation access, and proximity to a 366,375 SF Amazon Distribution Center, this property benefits from high population density, a significant employment base, and ongoing urban growth and development.
DaVita Dialysis
Investment Highlights
- Net Leased DaVita Dialysis Situated in the New York MSA | Corporately Guaranteed by DaVita, Inc.
- Established Location Within a CON State with Over 30 Years of Operating History - Five Years of Firm Term Remaining with 10% Rental Increases Every 5 Years
- Opportunity to Reposition or Re-Lease the 6,392 SF Dark Suite with Elevator Access for a Higher Rent Than What DaVita Dialysis is Currently Paying
- Surrounded by Major Healthcare Facilities | Five Hospitals Within One Mile Totaling 1,200+ Beds
- Excellent Connectivity, Near Amazon Facility, Nearby Ample Developments, and Near Multiple Educational Institutions
Listing Price: $4,116,442
Investment Highlights
- Net Leased DaVita Dialysis Situated in the New York MSA | Corporately Guaranteed by DaVita, Inc.
- Established Location Within a CON State with Over 30 Years of Operating History - Five Years of Firm Term Remaining with 10% Rental Increases Every 5 Years
- Opportunity to Reposition or Re-Lease the 6,392 SF Dark Suite with Elevator Access for a Higher Rent Than What DaVita Dialysis is Currently Paying
- Surrounded by Major Healthcare Facilities | Five Hospitals Within One Mile Totaling 1,200+ Beds
- Excellent Connectivity, Near Amazon Facility, Nearby Ample Developments, and Near Multiple Educational Institutions
Investment Overview
This net-leased DaVita Dialysis facility offers a stable, long-term investment in the New York City MSA, with five years of lease term remaining and a 10% rent increase scheduled for 2025. Backed by a corporate guarantee from DaVita, Inc., the clinic has operated at this location since 1995 and continues to serve as a high-volume dialysis center, open six days a week with 24 treatment chairs. Positioned in a thriving medical corridor, the property is surrounded by five major hospitals within one mile, including Montefiore Medical Park and Jacobi Medical Center, as well as Albert Einstein College of Medicine and Mercy University. Additionally, the 6,000+ SF of underutilized space presents an add-value opportunity for repositioning or new tenancy, further enhancing potential returns. With strong demographics, excellent transportation access, and proximity to a 366,375 SF Amazon Distribution Center, this property benefits from high population density, a significant employment base, and ongoing urban growth and development.
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