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$ 3,437,118

DaVita Dialysis (LH)

Medical/Health  

Cap Rate 6.75% | SF 13,084 | Term 8.12
Tucson, AZ 85745
  • Build to suit

  • Near major nationals

  • Strategically located

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • DaVita has occupied the property since 1986 | Tenant renovated in 2019
  • Leasehold (Ownership of Improvements; Leased Land)
  • The tenant has 10 years remaining on the current lease term with 3 (5-year) options to extend
  • No early termination or kick-out clause
  • 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.

...

$ 0 |$ 3,236,390

DaVita Dialysis

Medical/Health  

| 6.00% | SF 15,289 | Term 12.0
Philadelphia, PA 19144
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Annual rent increases

  • Traded and rated company

  • ...
  • DaVita Dialysis has 13+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1% annual rental escalations throughout the initial term and option periods
  • 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.

...

$ 2,400,000

DaVita Dialysis

Medical/Health  

Cap Rate 7.25% | SF 7,496 | Term 4.4
Willingboro, NJ 08046
  • Extensive TI’s

  • Build to suit

  • Hospital close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long operation history

  • Favorable NN+ lease

  • Traded and rated company

  • ...
  • DaVita Dialysis has been operating in this location since 2005
  • Tenant recently extended their lease an additional 5 years with preferred 2% annual increases
  • Favorable NN+ lease | Landlord responsibilities limited to structure
  • 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.

...

$ 3,290,360

DaVita Dialysis

Medical/Health  

Cap Rate 7.00% | SF 7,907 | Term 6.5
Chicago, IL 60617
  • Signalized intersection

  • Hard corner intersection

  • Build to suit

  • Strategically located

  • Hospital close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Traded and rated company

  • Over 2000 units backed

  • Corporate Guarantee

  • ...
  • DaVita Dialysis has 7+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • 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.

...

$ 2,050,000

DaVita Dialysis

Medical/Health  

Cap Rate 7.24% | SF 6,342 | Term 3.2
Atlanta, TX 75551
  • Recent building upgrades

  • Build to suit

  • Near major nationals

  • Strategically located

  • Highway location

  • Hospital close

  • Income tax free state

  • Long operation history

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • DaVita has 4+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and each option period
  • New HVAC installed August 2023
  • 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.

...

$ 1,325,000

DaVita Dialysis

Medical/Health  

Cap Rate 6.48% | SF 5,057 | Term 1.11
St. Louis, MO 63118
  • 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.

...

$ 1,725,900

DaVita Dialysis

Medical/Health  

Cap Rate 7.00% | SF 8,219 | Term 3.1
Carrollton, GA 30117
  • 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.

...

$ 0 |$ 1,124,000

DaVita Dialysis

Medical/Health  

| 7.25% | SF 4,956 | Term 1.9
Mena, AR 71953
  • Extensive TI’s

  • Build to suit

  • In location for years

  • Near major nationals

  • Hospital close

  • Highway close

  • Favorable NN+ lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • DaVita has occupied the subject location for 15+ years
  • The tenant has 3+ years remaining with 3 (5-year) options to extend
  • The lease features 2% rental increases annually
  • Favorable NN+ lease with landlord responsibilities limited to roof & structure
  • Corporate guaranteed lease
  • Tenant DaVita
  • Guarantor Corp T and Rated
  • #Units 3,074
  • 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). Today, DaVita has a network of 2,724 outpatient dialysis centers in 46 states and the District of Columbia, serving a total of approximately 199,400 patients. Additionally, their international operations provided dialysis and administrative services to a total of 350 outpatient dialysis centers located in 11 countries outside of the U.S., serving approximately 45,600 patients. The company’s market cap is about $8.82B, and their 2022 reported revenue was $11.6B. DaVita is now headquartered in Denver, Colorado.

...

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