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Single-Tenant Office Medical

Multi-Tenant DaVita Anchored MOB Fully Occupied with Value Add

4913 Raleigh Common Dr, Memphis, TN 38128

Listing Price: $2,775,000

Cap Rate
8.00%
Tenant Name
DaVita Dialysis
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
17,854
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.43

Investment Overview

- PRIME LOCATION: Located on Austin Peay Hwy. which has traffic counts of over 24,000 VPD

- NATIONAL & LOCAL TENANTS: Anchor Tenant DaVita Dialysis has Lease Term Exceeding 7 Years. Local
Tenants Have Short Term and Below Market Rent

-STRONG HISTORICAL OCCUPANCY: DaVita has Occupied for 25 Years; Local Tenants Have Occupied
for Combined 15+ Years

- PROXIMITY to HOSPITAL: Less than 1 Mile From Methodist North Hospital

- PROXIMITY to MAJOR RETAILERS: Adjacent to Walmart/Kroger anchored Shopping Center

- MARKET DEMOGRAPHICS: 140,000+ People Within a 5-Mile Radius

- NEW DEVELOPMENT in IMMEDIATE AREA: $45 Million Dollar Multiplex Project Recently Completed

- DESTINATION DRIVEN MEDICAL OPERATORS: Provides Landlord with Strong Tenant Security


Investment Highlights

  • PRIME LOCATION: Located on Austin Peay Hwy. which has traffic counts of over 24,000 VPD
  • NATIONAL & LOCAL TENANTS: Anchor Tenant DaVita Dialysis has Lease Term Exceeding 7 Years. Local Tenants Have Short Term and Below Market Rent
  • STRONG HISTORICAL OCCUPANCY: DaVita has Occupied for 25 Years; Local Tenants Have Occupied for Combined 15+ Years
  • PROXIMITY to HOSPITAL: Less than 1 Mile From Methodist North Hospital
  • PROXIMITY to MAJOR RETAILERS: Adjacent to Walmart/Kroger anchored Shopping Center
  • MARKET DEMOGRAPHICS: 140,000+ People Within a 5-Mile Radius
  • NEW DEVELOPMENT in IMMEDIATE AREA: $45 Million Dollar Multiplex Project Recently Completed
  • DESTINATION DRIVEN MEDICAL OPERATORS: Provides Landlord with Strong Tenant Security

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Single-Tenant Office Medical

Multi-Tenant DaVita Anchored MOB Fully Occupied with Value Add

Listing Price: $2,775,000

Cap Rate
8.00%
Tenant Name
DaVita Dialysis
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
17,854
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.43

Investment Highlights

  • PRIME LOCATION: Located on Austin Peay Hwy. which has traffic counts of over 24,000 VPD
  • NATIONAL & LOCAL TENANTS: Anchor Tenant DaVita Dialysis has Lease Term Exceeding 7 Years. Local Tenants Have Short Term and Below Market Rent
  • STRONG HISTORICAL OCCUPANCY: DaVita has Occupied for 25 Years; Local Tenants Have Occupied for Combined 15+ Years
  • PROXIMITY to HOSPITAL: Less than 1 Mile From Methodist North Hospital
  • PROXIMITY to MAJOR RETAILERS: Adjacent to Walmart/Kroger anchored Shopping Center
  • MARKET DEMOGRAPHICS: 140,000+ People Within a 5-Mile Radius
  • NEW DEVELOPMENT in IMMEDIATE AREA: $45 Million Dollar Multiplex Project Recently Completed
  • DESTINATION DRIVEN MEDICAL OPERATORS: Provides Landlord with Strong Tenant Security

Investment Overview

- PRIME LOCATION: Located on Austin Peay Hwy. which has traffic counts of over 24,000 VPD - NATIONAL & LOCAL TENANTS: Anchor Tenant DaVita Dialysis has Lease Term Exceeding 7 Years. Local Tenants Have Short Term and Below Market Rent -STRONG HISTORICAL OCCUPANCY: DaVita has Occupied for 25 Years; Local Tenants Have Occupied for Combined 15+ Years - PROXIMITY to HOSPITAL: Less than 1 Mile From Methodist North Hospital - PROXIMITY to MAJOR RETAILERS: Adjacent to Walmart/Kroger anchored Shopping Center - MARKET DEMOGRAPHICS: 140,000+ People Within a 5-Mile Radius - NEW DEVELOPMENT in IMMEDIATE AREA: $45 Million Dollar Multiplex Project Recently Completed - DESTINATION DRIVEN MEDICAL OPERATORS: Provides Landlord with Strong Tenant Security

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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