Single-Tenant Office Medical

DaVita Kidney Dialysis Center | San Antonio | Recent Lease Extension | Favorable Annual Increases

4530 Callaghan Rd, San Antonio, TX 78228

Listing Price: $2,428,571

Cap Rate
7.00%
Tenant Name
Davita
Years Remaining On Lease
5.40
Gross SF
8,500
Guarantor
Corporate Guarantee
Rentable SF
8,500
Price/Gross SF
$285.71
Lease Type
Double Net
Rent Per Square Feet
$20.00

Investment Overview

San Antonio is the seventh-most populated city in the United States and is the second most populous city in the state of Texas. It is considered one of the fastest growing of the top ten largest cities in the United States from 2000 to 2010. The city’s economy is primarily focused within military, health care, government civil service, financial services, oil and gas, and tourism sectors. The U.S. armed forces have numerous locations in San Antonio including Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, and Lackland AFB/ Kelly Field Annex. It is also home to numerous Fortune 500 companies including Valero Energy Corp, Tesoro Corp, USAA, iHeartMedia, CST Brands, INC. and more.

Investment Highlights

  • Recent Lease Extension and 10-Year Historical Occupancy Demonstrates a Strong Commitment to the Location. Net Lease Feat. 1% Annual Increases Throughout the Initial Term and FMV adjustment at Options.
  • Providing Life Sustaining Treatments for Dialysis Patients - DaVita is one of the Nations Leading Provider of Products and Services for People with Chronic Kidney Failure.
  • DaVita features a S&P Credit Rating of "BB" and a Moody's Rating of "Ba2" with Annual Revenues in Excess of $11.38B.
  • Positioned Along Area's Major Traffic & Medical Corridor - Features Easy Access & Excellent Visibility. Near Interstate-410.
  • Near South Texas Medical Center - 900 Acres of Medical Facilities, serving 38 Counties. Consists of 45 Medically Related Institutions including 12 Hospitals. These Facilities Combined Currently total over 4,200 Patient Beds.
  • Bedroom Community of San Antonio - Densely Populated Area: Features more than 385k People Residing within a 5-Mile Radius.

Exclusively Listed By

Single-Tenant Office Medical

DaVita Kidney Dialysis Center | San Antonio | Recent Lease Extension | Favorable Annual Increases

Listing Price: $2,428,571

Cap Rate
7.00%
Tenant Name
Davita
Years Remaining On Lease
5.40
Gross SF
8,500
Guarantor
Corporate Guarantee
Rentable SF
8,500
Price/Gross SF
$285.71
Lease Type
Double Net
Rent Per Square Feet
$20.00

Investment Highlights

  • Recent Lease Extension and 10-Year Historical Occupancy Demonstrates a Strong Commitment to the Location. Net Lease Feat. 1% Annual Increases Throughout the Initial Term and FMV adjustment at Options.
  • Providing Life Sustaining Treatments for Dialysis Patients - DaVita is one of the Nations Leading Provider of Products and Services for People with Chronic Kidney Failure.
  • DaVita features a S&P Credit Rating of "BB" and a Moody's Rating of "Ba2" with Annual Revenues in Excess of $11.38B.
  • Positioned Along Area's Major Traffic & Medical Corridor - Features Easy Access & Excellent Visibility. Near Interstate-410.
  • Near South Texas Medical Center - 900 Acres of Medical Facilities, serving 38 Counties. Consists of 45 Medically Related Institutions including 12 Hospitals. These Facilities Combined Currently total over 4,200 Patient Beds.
  • Bedroom Community of San Antonio - Densely Populated Area: Features more than 385k People Residing within a 5-Mile Radius.

Investment Overview

San Antonio is the seventh-most populated city in the United States and is the second most populous city in the state of Texas. It is considered one of the fastest growing of the top ten largest cities in the United States from 2000 to 2010. The city’s economy is primarily focused within military, health care, government civil service, financial services, oil and gas, and tourism sectors. The U.S. armed forces have numerous locations in San Antonio including Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, and Lackland AFB/ Kelly Field Annex. It is also home to numerous Fortune 500 companies including Valero Energy Corp, Tesoro Corp, USAA, iHeartMedia, CST Brands, INC. and more.

Exclusively Listed By

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