Sold Subscription Required
| Price $6,678,974 | Built/Renov 1986 | Tenant American Renal Associates |
| Cap Rate 5.85% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
16,280
| Lease Start
07-01-2023
| #Units
230
|
| Price/SF $410.26 | Expiration
06-30-2033
| Tenant Type Medical/Health |
| NOI $390,720 | R. Term 8.1 | Ownership Fee Simple |
| Rent/SF
$24.00
| Increases 2.0%/1/yrs | Pop 5Mi 362,298 |
| Lot/AC 1.00 | Options 2/5yrs/2% | AHHI 5Mi $117,074 |
| | |
This American Renal Associates site consists of a 16,280-square-foot medical clinic, located on an acre of land. It is strategically positioned near the intersection of Wadsworth Boulevard and West 52nd Avenue, in a major retail thoroughfare that sees a combined traffic count of over 88,000 vehicles per day. The site benefits from strong demographics, with more than 362,000 residents living...
...In location for years
Near major nationals
Shopping Ctr out-parcel
Highway close
Top 100 MSA
Strong demographics
Recently extended lease
Favorable NN+ lease
Annual rent increases
Corporate Guarantee
American Renal Associates operates as a national dialysis services provider in the United States, focused on Joint Ventures with physicians. ARA provides high quality patient care to patients...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 12,775 | 127,585 | 367,970 |
| 2023 Total Population : | 12,391 | 127,092 | 362,298 |
| 2023 Employed Civilian Pop : | 7,575 | 73,938 | 210,794 |
| 2023 Total Businesses : | 996 | 5,029 | 14,095 |
| 2023 Average Household Income : | $ 89,216 | $ 109,980 | $ 117,074 |
| 2023 Total Consumer Spending : | $ 483 M | $ 5270 M | $ 16097 M |
| 2023 Median Age : | 38 | 41 | 39 |
| 2023 Total Households : | 6,200 | 55,416 | 159,193 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,353 | 26,361 | 79,872 |
| 2023 Average Home Value : | $ 572,883 | $ 602,847 | $ 618,033 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W 53rd Ave | Vance St | 2001 | 9,257 | 0.05 mi |
| W 52nd Ave | Wadsworth Blvd | 2013 | 12,430 | 0.10 mi |
| Wadsworth Blvd | W 53rd Ave | 2006 | 51,900 | 0.10 mi |
| Wadsworth Blvd | Vance St | 2006 | 51,900 | 0.13 mi |
| Wadsworth Blvd | W 52nd Ave | 2017 | 73,000 | 0.17 mi |
| W 53rd Ave | Wadsworth Blvd | 2001 | 13,328 | 0.18 mi |
| W 52nd Ave | Yukon St | 2011 | 9,800 | 0.19 mi |
| Wadsworth Blvd | W 52nd Ave | 2017 | 76,074 | 0.20 mi |
| Wadsworth Boulevard | I- 70 | 2021 | 64,438 | 0.20 mi |
| W 52nd Ave | Quay Ct | 2011 | 9,219 | 0.21 mi |
Katy, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 14,000
New York, NY
Cap Rate 5.50%
Lease Double NN
R. Term 13.00 yrs
Size/SF 3,279
Baton Rouge, LA
Cap Rate 6.40%
Lease Abs NNN
R. Term 12.60 yrs
Size/SF 16,400
Melbourne, FL
Cap Rate 5.10%
Lease NN+
R. Term 8.20 yrs
Size/SF 10,392
Baton Rouge, LA
Cap Rate 6.40%
Lease Abs NNN
R. Term 12.30 yrs
Size/SF 16,400
Paintsville, KY
Cap Rate 6.25%
Lease Abs NNN
R. Term 8.11 yrs
Size/SF 30,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
