Skip to main content

Single-Tenant Office Medical

Davita Dialysis

3812 E Belknap St, Fort Worth, TX 76111

Listing Price: $2,251,270

Cap Rate
5.25%
Tenant Name
Davita Dialysis
Years Remaining On Lease
5.0
Gross SF
6,500
Guarantor
Corporate Guarantee
Rentable SF
6,500
Price/Gross SF
$346.35
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.18

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease Davita Dialysis in Fort Worth, Texas. The property consists of a 6,500-square foot, freestanding building that sits on approximately 0.81 acres of land. There are approximately 5.3 years remaining on the current lease term, with rental escalations scheduled in options. The property is located at the signalized hard corner of East Belknap Street and North Beach Street, where combined traffic counts exceed 35,544 vehicles per day. The property has excellent access with 4 points of ingress/egress. The area is extremely dense with more than 232,583 residents within a five-mile radius. Surrounding retailers in the immediate area include El Rancho Supermercado, Domino’s Pizza, Walgreens, O’Reilly Auto Parts, Wingstop, McDonald’s, Taco Bell, Wendy’s, QuikTrip, Whataburger, KFC, Long John Silver’s, Cicis, Family Dollar and many more.

Investment Highlights

  • Triple-Net Lease with Approximately 5.3 Years Remaining
  • Signalized Hard Corner Location on East Belknap Street and North Beach Street; Combined Traffic Counts Exceed 35,544 Vehicles per Day
  • Fortune 500 Tenant - Davita, Inc. is the Second Largest Dialysis Provider in the U.S.
  • Dense Infill Location - More than 355,223 Residents Within a Five-Mile Radius
  • Daytime Population of 203,402, a 52% Increase over the Residential Population
  • Beach Street and Belknap Street Commercial Corridor with 4 Points of Ingress/Egress
  • 1 Mile from the $6.4M Race Street Redevelopment Project in the River East Neighborhood

Exclusively Listed By

Single-Tenant Office Medical

Davita Dialysis

Listing Price: $2,251,270

Cap Rate
5.25%
Tenant Name
Davita Dialysis
Years Remaining On Lease
5.0
Gross SF
6,500
Guarantor
Corporate Guarantee
Rentable SF
6,500
Price/Gross SF
$346.35
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.18

Investment Highlights

  • Triple-Net Lease with Approximately 5.3 Years Remaining
  • Signalized Hard Corner Location on East Belknap Street and North Beach Street; Combined Traffic Counts Exceed 35,544 Vehicles per Day
  • Fortune 500 Tenant - Davita, Inc. is the Second Largest Dialysis Provider in the U.S.
  • Dense Infill Location - More than 355,223 Residents Within a Five-Mile Radius
  • Daytime Population of 203,402, a 52% Increase over the Residential Population
  • Beach Street and Belknap Street Commercial Corridor with 4 Points of Ingress/Egress
  • 1 Mile from the $6.4M Race Street Redevelopment Project in the River East Neighborhood

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease Davita Dialysis in Fort Worth, Texas. The property consists of a 6,500-square foot, freestanding building that sits on approximately 0.81 acres of land. There are approximately 5.3 years remaining on the current lease term, with rental escalations scheduled in options. The property is located at the signalized hard corner of East Belknap Street and North Beach Street, where combined traffic counts exceed 35,544 vehicles per day. The property has excellent access with 4 points of ingress/egress. The area is extremely dense with more than 232,583 residents within a five-mile radius. Surrounding retailers in the immediate area include El Rancho Supermercado, Domino’s Pizza, Walgreens, O’Reilly Auto Parts, Wingstop, McDonald’s, Taco Bell, Wendy’s, QuikTrip, Whataburger, KFC, Long John Silver’s, Cicis, Family Dollar and many more.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower