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195 Parkwood Circle, Carrollton, GA , 30117
  • Size SF 8,219
  • Built/Renov1990
  • Price/SF$210
  • Lease Start10-01-2010
  • Rent/SF$14.70
  • Lease Type NN+
  • Lot/AC1.48
  • Pop 5MI38,268

1,725,900

  • Cap Rate 7.00%
  • NOI $120,819
  • R. Term/Yrs 3.6
  • Guarantor Corp T + R
  • # Units 3,042
  • Build to suit

  • In location for years

  • Near major nationals

  • Strategically located

  • Hospital close

  • Top 100 MSA

  • Recently extended lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • DaVita has 5+ years remaining on the current lease term with 3 (5-year) options to extend
  • Lease features 2% rental increase at the start of each option
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Corporate guaranteed lease
  • Tenant DaVita Dialysis
  • Guarantor Corp T and Rated
  • #Units 3,042
  • Moody's/S&P Ba3/ BB
  • Stock NYSE: DVA

DaVita Inc. (NYSE: DVA) is one of the largest dialysis providers in the United States. Their U.S.
dialysis and related lab services business treats patients with chronic kidney failure, ESKD, in
the United States, and is their largest line of business. DaVita’s platform to deliver kidney care
services also includes established nephrology and payor relationships. The company was
founded in 1979 as Medical Ambulatory Care, Inc., a subsidiary of National Medical Enterprises,
Inc. (now Tenet Healthcare). As of December 31, 2023, the Company operated or provided
administrative services through a network of 2,675 U.S. outpatient dialysis centers in 46 states
and the District of Columbia, serving a total of approximately 200,800 patients. In addition, the
company operated or provided administrative services to a total of 367 outpatient dialysis
centers serving approximately 49,400 patients located in 11 countries outside of the U.S. The
company’s 2023 market cap was $9.56B, and its 2023 reported revenue was $11.6B. DaVita is
now headquartered in Denver, Colorado.

...
3740 South Jefferson Avenue, St. Louis, MO , 63118
  • Size SF 5,057
  • Built/Renov2000/2012
  • Price/SF$262
  • Lease Start10-01-2012
  • Rent/SF$16.97
  • Lease Type Double NN
  • Lot/AC0.63
  • Pop 5MI251,599

1,325,000

  • Cap Rate 6.48%
  • NOI $85,816
  • R. Term/Yrs 2.4
  • Guarantor Corp T + R
  • # Units 3,042
  • Build to suit

  • Roof guarantee

  • Near major nationals

  • Strategically located

  • Hospital close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Recently extended lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • DaVita Dialysis has 3 years remaining on the current lease term with 3 (5-year) options to extend
  • Lease features 3.03% rental increase in year 14 and 10% at the start of each option
  • New 60 Mil - EPDM White rubber roof | 20-year warranty
  • Corporate guaranteed lease (NYSE: DVA)
  • Tenant DaVita Dialysis
  • Guarantor Corp T and Rated
  • #Units 3,042
  • Moody's/S&P Ba3/ BB
  • Stock NYSE: DVA

DaVita Inc. (NYSE: DVA) is one of the largest dialysis providers in the United States. Their U.S. dialysis and related lab services business treats patients with chronic kidney failure, ESKD, in the United States, and is their largest line of business. DaVita’s platform to deliver kidney care services also includes established nephrology and payor relationships. The company was founded in 1979 as Medical Ambulatory Care, Inc., a subsidiary of National Medical Enterprises, Inc. (now Tenet Healthcare). As of December 31, 2023, the Company operated or provided administrative services through a network of 2,675 U.S. outpatient dialysis centers in 46 states and the District of Columbia, serving a total of approximately 200,800 patients. In addition, the company operated or provided administrative services to a total of 367 outpatient dialysis centers serving approximately 49,400 patients located in 11 countries outside of the U.S. The company’s 2023 market cap was $9.56B, and its 2023 reported revenue was $11.6B. DaVita is now headquartered in Denver, Colorado.

...

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