Single-Tenant Office Medical

Davita Dialysis - Ardmore

2617 Crossroads Dr, Ardmore, OK 73401

Listing Price: $3,875,000

Cap Rate
6.01%
Tenant Name
DaVita Dialysis
Years Remaining On Lease
11.9
Gross SF
8,953
Guarantor
Corporate Guarantee
Rentable SF
8,953
Price/Gross SF
$432.82
Lease Type
Double Net
Rent Per Square Feet
$25.99

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double-net lease DaVita Dialysis in Ardmore, Oklahoma. The property consists of 8,953 square foot, freestanding building that sits on approximately 1.30 acres of land.

Landlord recently added approximately 605 square foot to accommodate the growing needs at the location. DaVita signed a ten year extension to the remaining term for a full twelve years remaining. The lease has a rare 3% annual rent increases. The investment is fully earned by the end of the initial 12 year term.

DaVita Inc. provides kidney dialysis services through a network of 2,664 outpatient dialysis centers in the United States, serving 202,700 patients, and 241 outpatient dialysis centers in other countries. The company has a 37 percent market share in the dialysis market. It is organized in Delaware and based in Denver.

Investment Highlights

  • Expansion And Extension Of The Lease Through November 2032
  • Rare 3% Annual Rent Increases
  • BB Credit Rated Corporate DaVita Guarantee

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    License(s): OK: 181981

    Oklahoma

Financing By

Single-Tenant Office Medical

Davita Dialysis - Ardmore

Listing Price: $3,875,000

Cap Rate
6.01%
Tenant Name
DaVita Dialysis
Years Remaining On Lease
11.9
Gross SF
8,953
Guarantor
Corporate Guarantee
Rentable SF
8,953
Price/Gross SF
$432.82
Lease Type
Double Net
Rent Per Square Feet
$25.99

Investment Highlights

  • Expansion And Extension Of The Lease Through November 2032
  • Rare 3% Annual Rent Increases
  • BB Credit Rated Corporate DaVita Guarantee

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double-net lease DaVita Dialysis in Ardmore, Oklahoma. The property consists of 8,953 square foot, freestanding building that sits on approximately 1.30 acres of land.

Landlord recently added approximately 605 square foot to accommodate the growing needs at the location. DaVita signed a ten year extension to the remaining term for a full twelve years remaining. The lease has a rare 3% annual rent increases. The investment is fully earned by the end of the initial 12 year term.

DaVita Inc. provides kidney dialysis services through a network of 2,664 outpatient dialysis centers in the United States, serving 202,700 patients, and 241 outpatient dialysis centers in other countries. The company has a 37 percent market share in the dialysis market. It is organized in Delaware and based in Denver.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    License(s): OK: 181981

    Oklahoma

Financing By

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