DaVita Dialysis 22807 Us Highway 17 N
7,917 SF Office Building Hampstead, NC 28443 £2,052,688 (£259.28/SF) 7.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 3+ Years Remaining on Lease with 2% Annual Rent Increases and Multiple Renewal Options
- Households and Population Projected to Increase 12-13% in the Surrounding Area Over the Next 5 Years
- Average Household Income Exceeds $95,000 within a 5-Mile Radius
- 17,624 Residents within a 5-Mile Radius - Growing Trade Area in the Wilmington MSA
- Easily Accessible Location Along US Highway 17 (48,800+ Cars per Day)
EXECUTIVE SUMMARY
DaVita Inc. is a Fortune 500® health care provider focused on transforming care delivery to improve quality of life for patients around the globe. The company is the largest provider of kidney care services in the U.S. and has been a leader in clinical quality and innovation for 20 years. Through DaVita Kidney Care, the company treats patients with chronic kidney failure and end stage renal disease.
Hampstead, NC, is a small town located along the coast of North Carolina, situated between Wilmington to the south and Jacksonville to the north. It’s part of Pender County and offers a mix of rural charm with access to beautiful beaches and natural landscapes. The town is known for its quiet, laid-back atmosphere, making it an attractive place for people looking to escape the hustle and bustle of larger cities.
Hampstead, NC, is a small town located along the coast of North Carolina, situated between Wilmington to the south and Jacksonville to the north. It’s part of Pender County and offers a mix of rural charm with access to beautiful beaches and natural landscapes. The town is known for its quiet, laid-back atmosphere, making it an attractive place for people looking to escape the hustle and bustle of larger cities.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
7,917 SF
Year Built
2015
Price
£2,052,688
Price Per SF
£259.28
Net Initial Yield
7.50%
NOI
£153,952
Tenancy
Single
Number of Floors
1
Typical Floor Size
7,917 SF
Building FAR
0.06
Lot Size
2.89 AC
Zoning
SEEMAP
PROPERTY TAXES
| Parcel Number | 4215-78-9613-0000 | Improvements Assessment | £843,617 |
| Land Assessment | £789,748 | Total Assessment | £1,633,365 |
