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Single-Tenant Office Medical

DaVita Dialysis

1115 N Nova Rd, Daytona Beach, FL 32117

Listing Price: $2,995,405

Cap Rate
6.25%
Tenant Name
DaVita
Years Remaining On Lease
9.0
Gross SF
7,008
Guarantor
Corporate Guarantee
Rentable SF
7,008
Price/Gross SF
$427.43
Lease Type
Double Net
Rent Per Square Feet
$26.72

Investment Overview

Marcus & Millichap is pleased to bring to market the offering for DaVita Kidney Care in Daytona Beach, FL.

Investment Highlights

  • 2019 Build to Suit for DaVita Kidney Care | "Hope" Prototype is Designed to Enhance Efficiency and Patient Comfort | 7,008-SF Building on a +/-1.31 Acre Parcel
  • Original 15-Year Double Net Lease With 9 Years Remaining | Minimal Landlord Responsibilities | 10% Rental Increases Every 5-Years and in Each of Three, 5-Year Renewal Options | Corporately Guaranteed
  • Property Features a Large, Handicap Accessible Parking Lot With an Ambulance Accessible Porte-cochère and Additional Parking in Rear | 33 Total Spaces
  • Adjacent to Comprehensive Medical Clinic and Pharmacy | High Visibility Along N Nova Road With Access From Both Traffic Directions | 32,000+ Vehicles Per Day
  • Proximity to Multiple National Tenants Including Winn Dixie, 7-Eleven, Aldi, Walmart Neighborhood Market, Harbor Freight, Domino's, KFC, Wawa, and Many More
  • 2.5 Miles From Halifax Health Medical Center, a Major 676-Bed Hospital and Level II Trauma Center
  • 3 Miles From I-95 and Daytona International Speedway/Daytona Beach Airport, a Major Travel Hub With an Economic Impact of $1.9B Annually and 3 Miles From Daytona Beach's Seabreeze Historic District, a Major Coastal Resort Destination
  • Population of 131,200+ Within 5-Miles and Projected to Grow Through 2029 | Datytime Population of 162,300 Within 5-Miles | Unemployment is Below 2% Within 1-Mile

Exclusively Listed By

Financing By

Single-Tenant Office Medical

DaVita Dialysis

Listing Price: $2,995,405

Cap Rate
6.25%
Tenant Name
DaVita
Years Remaining On Lease
9.0
Gross SF
7,008
Guarantor
Corporate Guarantee
Rentable SF
7,008
Price/Gross SF
$427.43
Lease Type
Double Net
Rent Per Square Feet
$26.72

Investment Highlights

  • 2019 Build to Suit for DaVita Kidney Care | "Hope" Prototype is Designed to Enhance Efficiency and Patient Comfort | 7,008-SF Building on a +/-1.31 Acre Parcel
  • Original 15-Year Double Net Lease With 9 Years Remaining | Minimal Landlord Responsibilities | 10% Rental Increases Every 5-Years and in Each of Three, 5-Year Renewal Options | Corporately Guaranteed
  • Property Features a Large, Handicap Accessible Parking Lot With an Ambulance Accessible Porte-cochère and Additional Parking in Rear | 33 Total Spaces
  • Adjacent to Comprehensive Medical Clinic and Pharmacy | High Visibility Along N Nova Road With Access From Both Traffic Directions | 32,000+ Vehicles Per Day
  • Proximity to Multiple National Tenants Including Winn Dixie, 7-Eleven, Aldi, Walmart Neighborhood Market, Harbor Freight, Domino's, KFC, Wawa, and Many More
  • 2.5 Miles From Halifax Health Medical Center, a Major 676-Bed Hospital and Level II Trauma Center
  • 3 Miles From I-95 and Daytona International Speedway/Daytona Beach Airport, a Major Travel Hub With an Economic Impact of $1.9B Annually and 3 Miles From Daytona Beach's Seabreeze Historic District, a Major Coastal Resort Destination
  • Population of 131,200+ Within 5-Miles and Projected to Grow Through 2029 | Datytime Population of 162,300 Within 5-Miles | Unemployment is Below 2% Within 1-Mile

Investment Overview

Marcus & Millichap is pleased to bring to market the offering for DaVita Kidney Care in Daytona Beach, FL.

Exclusively Listed By

Financing By

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