Single-Tenant Office Medical
DaVita, Amityville, NY
3460 Great Neck Rd, Amityville, NY 11701
Listing Price: $4,848,261
Investment Overview
3460 Great Neck Road presents an opportunity to acquire a single-tenant medical office investment leased to DaVita, one of the nation's leading providers of kidney care and dialysis services. The property is occupied by a 24-chair dialysis clinic operating six days per week and benefits from a long-term operating history within the Long Island healthcare market. The lease is reportedly backed by a corporate guaranty from DaVita, providing investors with tenancy from an established national healthcare operator.
The property's location along Great Neck Road offers convenient access to the surrounding South Shore communities of Suffolk County while maintaining proximity to major transportation corridors serving Long Island. Amityville's central position between Nassau and Suffolk Counties provides access to a substantial regional population base and established healthcare demand drivers. The surrounding commercial corridor includes a mix of retail, service, medical, and community-oriented uses that support daily visitation and workforce accessibility.
Healthcare real estate continues to benefit from the essential nature of medical services and the regulatory barriers associated with specialty treatment facilities. New York's Certificate of Need framework creates additional barriers to new dialysis facility development, supporting the long-term viability of existing treatment locations. Combined with the property's established healthcare use, long lease duration, and contractual rental growth, the asset offers investors exposure to a specialized medical real estate segment within the New York metropolitan region.
DaVita, Amityville, NY
Investment Highlights
- NN lease structure; tenant is responsible for real estate taxes, utilities, and insurance. Landlord responsible for roof & structure.
- Current base term runs through expiration on December 31, 2037.? Tenant has three (3), five (5) year options. 1.5% annual increases.
- Lease is guaranteed directly by DaVita, Inc. —a rare corporate-level guaranty not typically seen on single-clinic net lease assets.
- 24-chair dialysis clinic operating 6 days a week, reflecting a well-established, high-throughput operation. No other DaVita location within a 5-mile radius, giving this clinic an exclusive service area.
- New York is a Certificate of Need state: healthcare providers must secure state approval before expanding operations or relocating to a new site.
Exclusively Listed By
Listing Price: $4,848,261
Investment Highlights
- NN lease structure; tenant is responsible for real estate taxes, utilities, and insurance. Landlord responsible for roof & structure.
- Current base term runs through expiration on December 31, 2037.? Tenant has three (3), five (5) year options. 1.5% annual increases.
- Lease is guaranteed directly by DaVita, Inc. —a rare corporate-level guaranty not typically seen on single-clinic net lease assets.
- 24-chair dialysis clinic operating 6 days a week, reflecting a well-established, high-throughput operation. No other DaVita location within a 5-mile radius, giving this clinic an exclusive service area.
- New York is a Certificate of Need state: healthcare providers must secure state approval before expanding operations or relocating to a new site.
Investment Overview
3460 Great Neck Road presents an opportunity to acquire a single-tenant medical office investment leased to DaVita, one of the nation's leading providers of kidney care and dialysis services. The property is occupied by a 24-chair dialysis clinic operating six days per week and benefits from a long-term operating history within the Long Island healthcare market. The lease is reportedly backed by a corporate guaranty from DaVita, providing investors with tenancy from an established national healthcare operator. The property's location along Great Neck Road offers convenient access to the surrounding South Shore communities of Suffolk County while maintaining proximity to major transportation corridors serving Long Island. Amityville's central position between Nassau and Suffolk Counties provides access to a substantial regional population base and established healthcare demand drivers. The surrounding commercial corridor includes a mix of retail, service, medical, and community-oriented uses that support daily visitation and workforce accessibility. Healthcare real estate continues to benefit from the essential nature of medical services and the regulatory barriers associated with specialty treatment facilities. New York's Certificate of Need framework creates additional barriers to new dialysis facility development, supporting the long-term viability of existing treatment locations. Combined with the property's established healthcare use, long lease duration, and contractual rental growth, the asset offers investors exposure to a specialized medical real estate segment within the New York metropolitan region.
Exclusively Listed By
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