DaVita Dialysis 413B US 59 6,342 SF Office Building Atlanta, TX 75551 £1,398,884 (£220.57/SF) 8% Net Initial Yield
INVESTMENT HIGHLIGHTS
- New Roof January 2025, New HVAC Unit August 2023
- Corporate Guaranty
- Strong Performing Location (95%+ Full) with Two Shifts
- 3.5+ Years Left on Lease
- Two, 5-Year Options
- Increased Stations from 7 to 12 with the 13th Station reserved for sick patients
EXECUTIVE SUMMARY
Embree Group is pleased to offer for sale a unique net-leased dialysis clinic leased to Total Renal Care, Inc. with the parent company DaVita Healthcare Partners, Inc. (corporate) as guarantor. This is an opportunity for an investor to acquire a well-established dialysis center newly built in 2014 for DaVita as a build-to-suit. The tenant currently has over 5 years of lease term remaining that includes 10% increases every five years. This location originally operated 7 stations with hours of operation from 5:45AM to 4:30PM Monday through Saturday, the tenant recently increased the number of stations to 12 and currently maintains the same hours of operation. The subject property currently has a 4-star rating from Medicare.
Additionally, a new HVAC unit was installed in August 2023 and a new roof installed in January 2025!
Additionally, a new HVAC unit was installed in August 2023 and a new roof installed in January 2025!
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Design & Build
Property Type
Office
Property Subtype
Building Size
6,342 SF
Building Class
B
Year Built
2014
Price
£1,398,884
Price Per SF
£220.57
Net Initial Yield
8%
NOI
£111,896
Tenancy
Single
Number of Floors
1
Typical Floor Size
6,342 SF
Building FAR
0.17
Lot Size
0.86 AC
Opportunity Zone
Yes
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Health Care and Social Assistance
- 6,342 SF
- £16.04
- Double Net
- Feb 2029
At DaVita, they are driven to deliver differential, equitable and holistic care to their patients throughout their entire kidney disease journey. DaVita is guided by its Mission—to become the provider, partner and employer of choice—and a set of Core Values—Service Excellence, Integrity, Team, Continuous Improvement, Accountability, Fulfillment and Fun—which are reinforced at all levels of the organization. They are committed to strong corporate governance policies and practices, as well as compliance with federal and state laws.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Health Care and Social Assistance | 6,342 SF | £16.04 | Double Net | Feb 2029 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £877,626 | |
| Land Assessment | £79,659 | Total Assessment | £957,286 |
