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| Price $2,281,500 $2,594,283 | Built/Renov 2006/2022 | Tenant DaVita |
| Cap Rate 6.82% 6.00% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
10,908
| Lease Start
04-19-2022
| #Units
3,074
|
| Price/SF $209.16 $237.83 | Expiration
04-18-2037
| Tenant Type Medical/Health |
| NOI $155,657 | R. Term 11.11 | Ownership Fee Simple |
| Rent/SF
$14.27
| Increases 8.0%/10/yrs | Pop 5Mi 32,750 |
| Lot/AC 1.91 | Options 3/5yrs/8% | AHHI 5Mi $50,957 |
| | |
DaVita is located at the corner of South Long Drive and Rockingham Road with access to 14,956 vehicles per day. This 10,908 square foot building is situated on 1.91 acres just off of East Broad Avenue, a primary retail corridor, which see’s over 19,000 vehicles per day. National/credit tenants in the area include Lowe’s, Walmart Supercenter, Tractor Supply, McDonalds, Walgreen and many others....
...Recent renovation
Dense retail corridor
Near major nationals
Strong tenant synergy
Top 100 MSA
Brand new lease
Long 10+ yr lease
Favorable NN+ lease
Traded and rated company
Corporate Guarantee
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,631 | 16,775 | 29,571 |
| 2023 Total Population : | 3,682 | 17,057 | 30,092 |
| 2023 Employed Civilian Pop : | 1,274 | 6,635 | 11,863 |
| 2023 Total Businesses : | 330 | 853 | 1,171 |
| 2023 Average Household Income : | $ 37,077 | $ 53,646 | $ 54,856 |
| 2023 Total Consumer Spending : | $ 53 M | $ 342 M | $ 612 M |
| 2023 Median Age : | 38 | 41 | 41 |
| 2023 Total Households : | 1,612 | 7,177 | 12,523 |
| 2023 Pop Age 25+: Bachelor's Degree : | 250 | 1,586 | 2,754 |
| 2023 Average Home Value : | $ 104,774 | $ 144,355 | $ 148,311 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Rockingham Road | S Long Dr | 2019 | 9,000 | 0.13 mi |
| State Rd 1624 | Richmond Memorial Dr | 2004 | 6,000 | 0.14 mi |
| Long Dr | Laurel Ave | 2004 | 11,000 | 0.18 mi |
| Rockingham Road | S Long Dr | 2021 | 9,300 | 0.23 mi |
| Baldwin Road | Richmond Memorial Dr | 2018 | 5,200 | 0.23 mi |
| SR 1646 | Medical Cir | 2020 | 14,000 | 0.24 mi |
| South Long Drive | Rockingham Rd | 2021 | 16,000 | 0.24 mi |
| Broad Avenue | Long Dr | 2018 | 16,000 | 0.26 mi |
| US 74 Business | Long Dr | 2021 | 18,500 | 0.26 mi |
| Broad Avenue | Rockingham Rd | 2019 | 16,500 | 0.29 mi |
Minneapolis, MN
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Kernersville, NC
Cap Rate 6.00%
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Jacksonville, AL
Cap Rate 6.35%
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Rapid City, SD
Cap Rate 6.25%
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Cap Rate 6.35%
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R. Term 13.00 yrs
Size/SF 3,726
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
